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INW Infrastructure Wireless Italiana SpA

10.20
0.08 (0.79%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Infrastructure Wireless Italiana SpA BIT:INW Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.08 0.79% 10.20 10.15 10.34 10.33 10.08 10.09 1,244,229 17:00:00

Infrastrutture Wireless Italiane Says Revenues Rose 1.5% in 2015

03/02/2016 5:13pm

Dow Jones News


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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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