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March 30, 2015 1:19 PM ET

Diversified Telecommunication Services

Company Overview of FASTWEB S.p.A.

Company Overview

FASTWEB S.p.A. provides alternative fixed-line telecommunications and mobile services in Italy. It offers ultra-broadband Internet, fiber-to-the-home technology, fiber-to-the-street-cabinet technology, ADSL connection, voice and data, cloud computing applications, security and converging communications, and other value-added services. The company serves residential customers, small and medium-sized enterprises, large companies/corporations, and the public administration sector. FASTWEB S.p.A. was formerly known as e.Biscom S.p.A. and changed its name to FASTWEB S.p.A. in December 2004. The company was founded in 1999 and is headquartered in Milan, Italy. It has monobrand shops in Milan, Roma...

Via Caracciolo 51

Milan, MI 20155

Italy

Founded in 1999

Phone:

39 02 45451

Fax:

39 02 45 45 48 11

Key Executives for FASTWEB S.p.A.

Chief Executive Officer, General Manager and Director
Age: 42
Chief Financial Officer
Age: 46
Chief Institutional & External Relations Officer and Pr and Public Affairs Director
Age: 55
Chief Enterprise Officer
Age: 51
Chief Wholesale Officer
Age: 47
Compensation as of Fiscal Year 2014.

FASTWEB S.p.A. Key Developments

Fastweb Launches Joy Full Broadband Plus Mobile Data Plan

Fastweb has continued with the revamp of its consumer and SME offer, launching a new plan, dubbed Joy Full, with unlimited broadband via ADSL or fibre at speeds of up to 100 Mbps, plus the possibility of surfing and calling on the move via a SIM card with mobile data and minutes. The new plan will be available at the promotional price of EUR 20 per month for six months (EUR 35 thereafter). The operator has also unveiled a new Business Class plan for SMEs and freelancers. The plan comes with broadband and unlimited calls to Italian fixed and mobile numbers, plus 5 GB in mobile data and a subscription to the full digital version of Il Sole 24 Ore, Italy's business daily, for EUR 25 (plus VAT) for the first twelve months (EUR 50 thereafter).

Fastweb Reports Earnings Results for the Year 2014

Fastweb reported earnings results for the year 2014. For the year, the company's earnings before interest, tax, depreciation and amortisation (EBITDA) grew 2% annually to EUR 515 million (USD 584 million) in 2014. The total revenues increased 3% to EUR 1.688 billion.

Swisscom May Consider Selling FASTWEB

Swisscom AG (SWX:SCMN) may consider selling FASTWEB S.p.A. Urs Schaeppi, Chief Executive Officer of Swisscom, said that Swisscom would consider selling Fastweb if it received a fantastic offer. Urs said, "If somebody came to us offering a fantastic price we would look into this. A sale is not currently a strategic focus and we are a happy owner of Fastweb."

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