(Finance) – Tiscali closed the first half with a consolidated net loss of 16.6 million euros, an increase compared to a loss of 12.5 million in the first half of 2021.
THE revenues and other income amounted to 77.2 million euros, compared to 74.8 million in the first half of 2021, while EBITDA of 12.9 million was up compared to 11.9 million in the first half of 2021.
Net financial debt at 30 June 2022 equal to 88.7 million euros, compared to 88 million euros at 31 December 2021.
“We are pleased to have concluded the merger between Tiscali and the retail activities of the Linkem group and now we want to focus on the implementation of the industrial plan, which has been approved by the banking world and which has allowed us to overcome the recovery plan”, he said. Davide RotaCEO of Tiscali, adding “the new Tiscali is the fifth operator in the Italian fixed market with a market share of 16.5% in FTTH and FWA technologies. In the coming months we will consolidate our current positioning in telecommunications, thanks to a integrated offer of fixed, mobile and high added value services for citizens, businesses and public administrations and we will enhance all the company’s assets, from the portal to the ecosystem of innovative start-ups in the digital world “.