Thursday, 26 February 2009

Fastweb profits up amid economic downturn - Italy

Fastweb, the second largest Italian phone company and MVNO operator, has released its financial results, ending the financial year with an optimistic set of figures. Fastweb saw its sales rise 19% to €1.71 billion and its net profit rose to €6.1 million, up from a loss of €124.7 million last year.