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WindTre revenues down 4% to EUR 4.7 bln in 2020, sheds nearly 2 mln clients

Thursday 18 March 2021 | 10:31 CET | News
Italian operator WindTre reported full-year revenues for 2020 down around 4 percent year on year to 4.65 billion, attributed above all to a near-2 million decline in its customer base due to aggressive market competition and the effects of the Covid pandemic. Full-year results released by owner CK Hutchison revealed that WindTre's EBITDA fell 5 percent year on year to EUR 2.0 billion, with the operator's EBIT declining by 16 percent in local to EUR 1.14 billion. 

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Categories: Mobile & Wireless
Companies: WindTre
Countries: Italy
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