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IT

iWay grows FY revenues 22 percent, partners Google for cloud services

Thursday 14 March 2019 | 12:39 CET | News
iWay, a Swiss ISP based in Zurich, said it again posted double-digit revenue growth in 2018. Revenues increased by 22 percent to CHF 26 million. In the core segments of internet access and VoIP, the growth was 29 and 41 percent, respectively. Thanks to process optimisation, iWay also improved its profitability, so that EBITDA improved by 44 percent. Simultaneously with the FY results iWay announced launch of Zurich data centre services, based on a cooperation of the iWay parent company SAK (St. Gallisch-Appenzellische Kraftwerke) with Google.

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Categories: Fixed / IT
Companies: Google / Iway / Swisscom
Countries: Switzerland
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