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Telecom Italia Reports Fast Broadband Growth in Europe

Telecom Italia reported the fastest broadband growth for any operator in Europe: during Q4 2003, the company added 530,000 ADSL subscribers, giving it a total of 2,200,000 broadband customers at year’s end. The rapid growth accelerated in January 2004 with the addition of 300,000 broadband customers during the month. As of 31-January-2004 , Telecom Italia Wireline had 2,500,000 broadband customers, of which 2,320,000 were in the company’s domestic market and 180,000 were in France and Germany.

Overall, Telecom Italia Wireline’s revenues for 2003 increased by 1.0% to EUR 17.216 billion, compared with 2002, building on the positive trend that prevailed throughout 2003 and reversing the negative trend of the previous 4 years. http://www.telecomitalia.it

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