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General

WindTre revenues and customers down 6% in Q1

Monday 10 May 2021 | 14:13 CET | News
Italian operator WindTre posted revenues of EUR 1.04 billion in the first quarter of 2021, down around 6 percent year on year, due mainly to aggressive market competition from Iliad and the country's MVNOs, according to a brief trading update from owner CK Hutchison. WindTre's total margin fell 5 percent year on year to EUR 789 million in the first 3 months of the year, remaining flat at 80 percent in percentage terms, while the operator's Capex rose 21.5 percent to EUR 136 million.

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Categories: General
Companies: CK Hutchison / Very Mobile / WindTre
Countries: Italy
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