Infrastrutture Wireless Italiane Says Revenues Rose 1.5% in 2015
February 03 2016 - 12:13PM
Dow Jones News
By Manuela Mesco
MILAN--Infrastrutture Wireless Italiane SpA (INW.MI), or Inwit,
said Wednesday its 2015 revenues rose 1.5% to 318.9 million euros
($347.8 million) compared with 2014.
Inwit's 2015 earnings before interest tax depreciation and
amortization or Ebitda stood at EUR144.3 million, up from EUR134.6
million in 2014.
The company, controlled by Italy's telecom operator Telecom
Italia SpA (TI), also launched a strategy plan to increase the
number of operators using its network and strengthen its
infrastructure. It said it plans an investment of more than EUR135
million in the next three years.
It will work on improving profitability through a cost-control
policy, the company added.
Write to Manuela Mesco at manuela.mesco@wsj.com
(END) Dow Jones Newswires
February 03, 2016 11:58 ET (16:58 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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