06/02/2020
Fastweb announces financial results for fiscal year 2019: another outstanding year with customers and margins growing for the 26th consecutive quarter. Operating Free Cash Flow proxy over 100 million Euro.
At December 31st 2019 Swisscom Group Italian subsidiary reached 2.637.000 wireline customers, +3,5% year over year. Overall revenue of Fastweb increased 5,4% to 2.218 million Euro. EBITDA reported grows to 750 million Euro, +5% on previous year on comparable basis.Outstanding performances for all market segments, with Enterprise Business Unit reaching a market share in terms of revenues of 33%. Another year of remarkable growth for 4G mobile service, with 1.806.000 customers, up 26% on previous year.