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Wireless

Wind revenues drop 6% in Q3, adds 82,000 mobile customers

Wednesday 6 November 2013 | 11:09 CET | News
Third-quarter revenues of Italian operator Wind were down 6 percent year-on-year to EUR 1.25 billion, mainly due to strong competition in the sector and the ongoing effects of cuts to mobile termination rates. Excluding the MTR impact, revenues declined 1 percent. EBITDA was also affected, dropping 6 percent to EUR 507 million, with the EBITDA margin remaining steady at 40.6 percent. CAPEX was down 25 percent to EUR 153 million, which the company blamed on continued investment in backbone capacity to support data growth.

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Categories: Fixed / Mobile & Wireless
Companies: Wind
Countries: Italy
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