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General

Wind Q1 revenues down 1.3% to EUR 1.1 bln, mobile up 2%

Thursday 12 May 2016 | 09:24 CET | News
Italian operator Wind reported a 1.3 percent year-on-year fall in first-quarter revenue to EUR 1.06 billion, with a decline in fixed-line sales partly offset by a sharp rise in handset sales and a small increase in mobile service revenues. EBITDA was down 6.3 percent to EUR 381 million due above all to the impact of the sale of its tower unit Galata in Q1 2015, with EBITDA margin coming in at 36 percent compared to 38 percent a year ago. Capex for the quarter was stable at EUR 172 million, mainly spent on the continuing rollout of its 4G network, which now covers 58 percent of the Italian

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Categories: General
Companies: 3 Italia / European Commission / O2 / Telefonica / Vimpelcom / Wind
Countries: Italy
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