Fastweb: Differentiated Innovation to Stimulate New Growth of Premium Private LinesFastweb: Differentiated Innovation to Stimulate New Growth of Premium Private Lines

Fastweb (a subsidiary of Swisscom, and Italy's second largest fixed-line operator, providing ICT integrated services) delivered a strong 2018 financial report. The company's strong performance is proven by an 8% increase in overall revenue and continued growth for 22 consecutive quarters. This growth is also attributed to the excellent performance of enterprise connectivity and wholesale services. Enterprise service revenues increased by 10%, and market share reached 31% following a 2 percentage point increase. Wholesale service revenues increased by 11% compared with 2017, accounting for 13% of Fastweb's total revenue in 2018. In the past few years, enterprise connectivity and wholesale services have been the fastest growing areas of Fastweb, accounting for over half of total revenue and becoming Fastweb's primary profit generator.