Fastweb grows broadband subscriber base

Fastweb ended September with 1.6 million broadband customers, an 8% year-on-year rise. The Italian telco and IPTV operator said it had an estimated 15% market share of new broadband customers in the first nine months of the year.

Consolidated revenues for the third quarter were up 4.5% year-on-year to €446.1m. EDITDA was up 9.1% to €139.4m.