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July 27, 2015 10:17 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: 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, 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.

Fastweb Reports Earnings Results for the First Quarter of 2015

Fastweb reported earnings results for the first quarter of 2015. For the quarter, the company reported revenues of EUR 429 million, an 8% increase compared to a year earlier, while EBITDA also rose to EUR 120 million, an 11% annual growth, driven by higher margins and reduced operating costs. Capital expenditure rose by EUR 5 million to EUR 147 million, equivalent to around 34% of revenues, due above all to continued spending on fibre-optic network expansion.

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