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General

Wind Tre revenues down 10% to EUR 2.77 bln in H1

Wednesday 1 August 2018 | 14:22 CET | News
Italian operator Wind Tre reported total revenues of EUR 2.77 billion in the first six months of 2018, down 10.1 percent year on year after what CEO Jeffrey Hedberg described as a "challenging" period due to "extremely competitive market conditions" intensified by the entry of France's Iliad in May following the completion of Wind's merger with 3 Italia in January 2017. Service revenues declined 7.9 percent year on year to EUR 2.42 billion due above all to the negative performance of the company's mobile segment and a 15.5 percent fall in equipment sales, offset in part by a rise in fixed

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