FastWeb rising

12 Oct 2006

Italian broadband operator FastWeb has reported a 22% rise in third-quarter revenues to EUR315 million, with sales for the first nine months of 2006 up 31% to EUR893 million. Third-quarter EBITDA increased 40% year-on-year to EUR113 million, while the nine-month EBITDA figure was up 42% to EUR296 million. FastWeb added 83,000 net new subscribers in the three months to the end of September, ending the period with 957,300 customers.

Italy, Fastweb