Fastweb has posted its first profit in its ten-year history. The €6.1 million profit for 2008 contrasts with the previous year’s loss of €125 million.
The Italian ADSL provider said that revenues in its Consumer Business Unit had increased by 11% on 2007 to €808 million. Customers to Fastweb’s IPTV service increased by 13% on the year, taking the figure to over 200,000 of its 1,483,000 subscriber base.