Friday, 7 August 2009

Fastweb posts gains – Italy

Claiming that its MVNO network provides a better quality of service than the competition, Fastweb has posted H109 positive results. Fastweb reports to have 120,000 active subscribers across the consumer and SME (small and medium size enterprise) market within the mobile division of their operation.

The company posted overall Q209 revenue of EUR 474.5 million (USD 672 million) compared to EUR 424.5 million (USD 601 million) during Q208. These figures are in line with Fastweb’s expectations.