Fastweb announces Q2 2019 results: 24th consecutive quarter of growth for broadband customer base and margins. 27% and 29% increase for mobile and ultrabroadband customers. Convergent customers reach 33% of total.
At June 30th Fastweb reports 2,6 million wireline customers – up 4% on 2Q 2018 - and revenues of 1.049 million Euro, up 4% on previous year, with EBITDA at 339 million Euros (+5% on comparable basis) and investments at 297 million euros (28% of revenues). Another quarter of robust growth for ultrabroadband customers (1.549.000, +29% on 2Q 2018) and of mobile (1.629.000 active SIM, +27% on previous year). 33% of Fastweb customers are convergent, taking both mobile and wireline services
Fastweb is the fifth Italian mobile operator
After the release of the MNO general authorization Fastweb has concluded the two-year path that has allowed its transformation from a virtual mobile operator to one with its own infrastructure
Fastweb increases the footprint of its wholesale UBB services to become the reference point for the provision of high performance connectivity for other telco players
Fastweb already signed several deals to make available to operators who do not have a proprietary fiber network UBB connectivity with a 75 per cent coverage of the country. Calcagno: making our fiber network available to other telcos is key to accelerate the digital trasformation of the country and to safeguard competition.
Fastweb and Wind Tre announce a strategic agreement for the deployment of a nationwide state-of the-art 5G network
The agreement will lead to the rapid deployment of a shared 5G radio access and back-hauling network in Italy that will support the delivery of next-generation, high performing mobile services for Fastweb and Wind Tre customers.
Fastweb and Infinera Successfully Complete 500G Single-wavelength Connectivity Trial
The high-speed optical transmission demonstration, the first in Italy, spanned over 180 kilometers (km) on Fastweb's low-latency long-haul backbone network, between Milan and Turin
Fastweb announces Q1 2019 results: 23rd consecutive quarter of growth for broadband customer base and margins. Mobile and ultrabroadband customers keep increasing at a steady pace
For the first three months of the year Fastweb reports 2,575 million wireline customers – up 4% on 1Q 2018 - and revenues of 514 million Euro, up 4,5% on previous year. Another quarter of robust growth for ultrabroadband customers (1.482.000, up 32% on previous year) and the mobile segment (1.517.000 customers at March 31st, up 28% on previous year)
Fastweb raises the stakes on infrastructures and doubles up its ultra-broadband footprint
By 2024 16 million houses will be covered by its proprietary network thanks to 5G FWA. 3 billion invested over the next 5 years
Fastweb and Samsung Bring First 5G Fixed Wireless Access Trial to Italy
The initial test results demonstrated download speeds of 1 Gbps indicating the capability of 5G FWA networks to serve as an alternative to FTTH for domestic ultrabroadband connectivity The next phase, which began this February, will run for a five-month period in Milan to put the network to test