Significant subscriber increases gave Italian telecommunications provider Fastweb a first quarter net profit of €2.3 million from a net loss of €11m for the equivalent period in 2008.
Fastweb, which last quarter declared its first profit in ten years of operation, said its market share of new broadband connections in Q1 was 15%.
Net additions of 60,000 brought the total number of customers to 1,542,300, though the company did not provide a breakdown of the number of subscribers that took its IPTV service, which stood at over 200,000 at the end of 2008.
