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Retelit FY revenues up 14% to EUR 83 mln, targets EUR 242 mln in 2024

Friday 13 March 2020 | 09:39 CET | News
Italian telecommunications infrastructure provider Retelit reported full-year 2019 revenues of EUR 83.0 million, up 13.8 percent year on year. Retelit CEO and general manager Federico Protto described the results as "very strong", attributing them to the expansion of the company's proprietary fibre and the cloud infrastructure as well as an upgrade of its metro and backbone network. Telecommunication services revenues were up 12 percent to EUR 59.7 million, while revenues for right-of-use concessions and network maintenance increased 9 percent to EUR 6.6 million and infrastructure cession

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Categories: Fixed
Companies: Brennercom / Retelit
Countries: Italy
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