Fastweb grows, between 5G and ultra-broadband

Fastweb grows, between 5G and ultra-broadband
2.692 million customers reached in the first half of the year for Fastweb which recorded an increase of 4% compared to the same period of 2019 and revenues of 1.105 billion euros (+ 5%). This is how the operator summarizes the results obtained in a certainly not easy period in which 100% of employees worked in smart working mode.

Positive first half of the year for Fastweb

Su therefore the users of fixed and mobile services as well as turnover and margins. The company takes a further step in its growth path within the national broadband and ultra-broadband market for the 28th consecutive quarter.

By focusing on Q2 2020 characterized by the health crisis, 138 million euros (25% of revenues from technological and infrastructural investments. The goal is, among other things, to go ahead with the rollout of the 5G and Fixed Wireless Access offers. The latter in particular will be crucial to bring connectivity up to at 1 Gbps to an additional 8 million households and businesses located in small and medium-sized cities in the so-called gray areas of the country, thus delivering a decisive blow to the scourge of the digital divide.

The desire to become an OTT operator is also confirmed. infrastructure leveraging on assets such as the fiber optic network, 5G frequencies and strategic partnerships, including the recent acquisition of Cutaway specialized in the development of ICT and cloud projects for the enterprise market.

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