Full year sales drop 5% at Tiscali

30 Mar 2016

The Italian ISP Tiscali has reported revenues of EUR202.1 million (USD230 million) for full year 2015, down from EUR212.8 million the year before. Net EBITDA after provisions rose 0.6% to EUR39.1 million, though net loss increased from EUR16.4 million in 2014 to EUR18.5 million last year. Although the firm’s Access unit, which includes revenues from broadband internet access and VoIP services, saw sales fall 2.4% to EUR149.7 million, the MVNO segment recorded year-on-year growth of 54.3%, from EUR5.8 million in 2014 to EUR8.9 million in 2015. Including its recently acquired Aria wireless broadband division, Tiscali reported 667,200 customers at the end of 2015, an increase of over 80,000 in twelve months, with internet subscribers numbering 541,800 (up by 60,500) and mobile users rising by a net 24,100 y-o-y to 116,500.

Italy, Tiscali