May 2, 2017 / 9:57 AM / 6 months ago

BRIEF-Tiscali FY net loss widens to EUR 45.0 mln

May 2 (Reuters) - Tiscali SpA:

* Reported on Friday FY revenue 207.2 million euros ($226.20 million) versus 202.1 million euros a year ago

* FY net loss 45.0 million euros versus loss 18.5 million euros

* FY net loss widened due to 19 mln euro amortizations for fixed wireless network in FY 2016, 7 mln euro losses for discontinued activities in FY 2016, and 12.8 mln euro positive impact on FY 2015 due to a one-off entry

* To focus for the next few months on core business in order to strengthen its presence on the Italian market of fixed and mobile broadband

Source text: bit.ly/2qzn5v7

Further company coverage: ($1 = 0.9160 euros) (Gdynia Newsroom)

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