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Broadband

Tiscali sees annual EUR 12 mln EBITDA boost from FiberCop deal

Tuesday 8 September 2020 | 09:55 CET | News
Italian operator Tiscali said it expects its commercial participation in TIM's FiberCop co-investment project to result in an EBITDA improvement as early as the final quarter of this year and an increase of around EUR 12 million per year by the time the unit becomes fully operational in 2022. It also expects additional cash generation of more than EUR 35 million over the 2021-22 two-year period, rising to EUR 20 million a year from 2023. The company added that the final contents of the agreement will be negotiated and signed by 31 October 2020.

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Categories: Fixed
Companies: Fastweb / TIM / Tiscali
Countries: Italy
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