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Retelit FY revenues up 12% to EUR 73 mln, EBITDA up to 32 mln

Monday 18 March 2019 | 09:37 CET | News
Italian telecommunications infrastructure provider Retelit reported full-year 2018 revenues of EUR 73.0 million, up 11.6 percent compared to the year-earlier result of EUR 65.4 million, comfortably beating expectations thanks above all to increased telecommunication services and the sale of infrastructure under IRU contracts. The company said it received EUR 32.4 million in new orders from its international wholesale segment, including EUR 19.2 million from the Asia Africa Europe-1 (AAE-1) submarine cable.

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Categories: Fixed
Companies: Retelit
Countries: Italy
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