Fastweb adds broadband subs

Fastweb added 33,800 new broadband subscribers during the first quarter of 2010, taking its customer base to 1,677,800.

The Italian telco recorded revenues of €462m for the quarter, up 4% year-on-year, of which €179.2m came from its Consumer Business Unit. “In addition to the positive trend in new subscriber acquisitions, the evolution in broadband ARPU was also positive. The main components – subscription, consumption, TV – were all stable, partially compensating the gradual decrease in incoming interconnection fees,” Fastweb said in a statement.