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September 01, 2015 2:39 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


Founded in 1999


39 02 45451


39 02 45 45 48 11

Key Executives for FASTWEB S.p.A.

Chief Executive Officer, General Manager and Director
Age: 43
Chief Financial Officer
Age: 47
Chief Institutional & External Relations Officer and Pr and Public Affairs Director
Age: 56
Chief Enterprise Officer
Age: 52
Chief Wholesale Officer
Age: 48
Compensation as of Fiscal Year 2015.

FASTWEB S.p.A. Key Developments

Fastweb Announces Earnings Results for the Second Quarter of 2015

Fastweb announced earnings results for the second quarter of 2015. For the quarter, the company reported second quarter revenues of EUR 433 million, a 5.6% increase compared to a year earlier or CHF 23 million, while EBITDA rose 9.4% to EUR 140 million due To higher revenues and an increased profit margin. Capital expenditure fell by EUR 10 million to EUR 132 million in the quarter due to lower levels of investment in the latest fibre-optic technology (FTTS).

Fastweb, Selex ES Win Rome City Council Web Services Contract

Fastweb and Selex ES have been awarded a EUR 7.6 million contract for the development, maintenance, management and hosting of web portals and email services for Rome city council over the next three years. The Fastweb-Selex grouping secured the contract after applying a 31% reduction to EUR 11 million value of the tender, outbidding rival offers from companies such as Telecom Italia-Engineering-Ancitel and Wind-Almaviva-Wedoo.

Fastweb Wins EUR 3 Million Palermo Video Surveillance Contract

Fastweb has been awarded a EUR 3 million contract to install an advanced anti-vandal video surveillance system in 158 schools throughout the Sicilian capital of Palermo. The system will be operational 24 hours a day and a special monitoring centre with trained professionals will immediately alert the police in the event of any unauthorised attempts to enter the city's nursery, primary and secondary school buildings. The aim is to install the system within the next six months and, if successful, proceed to a second phase bringing the total number of schools involved in the project to 280.

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