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General

Wind Tre mobile customers fall below 30 mln, EBITDA up in Q3

Wednesday 8 November 2017 | 08:52 CET | News
Wind Tre, the new Italian operator emerging from the 50-50 joint venture between Veon's Wind and Hutchison's 3 Italia, reported total revenues of EUR 4.63 billion in the 9 months to end-September, down 2.1 percent year on year, hit by a 3.0 percent decline in mobile service revenues due to persistent competitive pressure. However, the group's first-half EBITDA improved by 2.9 percent year on year to EUR 1.62 billion thanks to cost efficiencies and synergies arising from the merger, with the margin increasing 1.7 percentage points year on year to 35.0 percent.

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Categories: General
Companies: 3 Italia / Veon / Wind Tre
Countries: Italy
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