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General

Wind Q4 revenues up 5% to EUR 1.2 bln, improves mobile trend

Wednesday 17 February 2016 | 08:39 CET | News
Italian operator Wind reported a 5.0 percent year-on-year increase in fourth-quarter revenue to EUR 1.18 billion, thanks to a sharp rise in handset sales due to the success of the 'Telefono Incluso' bundles and the positive effect of settlements recorded in the previous quarter. EBITDA was up 5.3 percent to EUR 441 million on a reported basis, reflecting the recorded settlements, including the sale of its tower unit Galata, with EBITDA margin coming in at 37.4 percent. Capex for the quarter declined 4 percent to EUR 251 million, mainly spent on the continuing rollout of its 4G network, which

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