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Broadband

Retelit 9-mth revenues up 17% to EUR 59 mln, net profit up 81%

Friday 8 November 2019 | 16:14 CET | News
Italian telecommunications infrastructure provider Retelit reported revenues of EUR 59.0 million in the 9 months to end September, up 17 percent compared to the year-earlier result of EUR 50.5 million thanks to a strong performance across its national wholesale, international wholesale and business segments. Domestic wholesale sales rose 41 percent to EUR 23.2 million, with international wholesale sales surging 43 percent to EUR 24.1 million, including EUR 4.7 million from the Asia Africa Europe-1 (AAE-1) submarine cable, while business revenues climbed 16 percent to EUR 8.7 million.

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Categories: Fixed
Companies: Retelit
Countries: Italy
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