sector: Telecommunications Services ·
industry: Integrated Telecommunications Services ·
As of
25 Nov 2009
19.23EUR
Fastweb SpA is an Italy-based company engaged in the broadband telecommunications industry. The Company's core activity is focused on the provision of telecommunication networks and services in the main metropolitan areas of Italy and in several smaller cities. Its activates are divided into four business areas: Consumer, intended to retail residential and micro business; Small Medium Enterprise (SME) for small and mid-size companies; Executive, intended to large companies, the public administration and wholesale activities designed for other telecommunications operators, and Network and Systems. Fastweb SpA provides a range of services, including telephony, broadband Internet connectivity, advanced video-communication, virtual private networks, audio and video streaming, digital and interactive television and telesurveillance, among others. In addition, the Company provides mobile telephony services. The Company’s subsidiaries include QXN Scpa and e.BisMedia SpA.
BRIEF: For the nine months ended 30 September 2009, Fastweb SpA's total revenue increased 8% to EUR1.44B. Net income for the period increased from EUR13M to EUR30.5M. Total revenue reflects an increase in demand for the Company's products and services in the Consumer, SME and Executive business segments. Net income for the period benefited from a decrease in financial expenses as well as higher financial income.
Fastweb S.p.A.
Via Caracciolo 51
Milan 20155
P: +3902.45451
F: +3902.45454811