INWIT sees 2027 growth despite customer contract dispute
INWIT sees 2027 growth despite customer contract dispute November 10 (Reuters) - Italy's biggest mobile telecoms towers company INWIT INWT.MI said on Tuesday that third-quarter net profit and consolidated revenue fell from a year earlier.
General Manager Diego Galli said INWIT expects to return to growth in 2027, despite uncertainty over telecoms operators Fastweb SCMN.S and Telecom Italia (TIM) TLIT.MI deciding not to renew their master service agreement(MSA) with the company in March.
Third-quarter net profit and consolidated revenue fell 11.8% and 0.9% respectively from last year
INWIT confirmed 2026 guidance, forecasting revenue in the range of €1.050-1.090 billion and an EBITDA margin of about 90%
A dispute with Swisscom's Italian arm over early contract termination is still ongoing
Reuters reported in October that leading shareholders in INWIT are arranging the financing for a potential take-private deal
(Reporting by Fabrizio La Rocca; Editing by Tasim Zahid)
((Fabrizio.larocca@thomsonreuters.com))
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