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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 |
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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