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Inwit Reports Strong 2024 Growth and Unveils Ambitious Investment Plan


Published on 2025-03-05 15:42:12 - TipRanks
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  • Inwit ( ($IT:INW) ) has shared an update. Inwit has reported significant growth in its financial and industrial indicators for 2024, with a

Inwit, an Italian telecommunications infrastructure company, has reported robust growth in 2024 and announced an ambitious investment plan. The company's revenue increased by 12% year-over-year, driven by the expansion of its 5G network and the addition of new sites. Inwit's CEO, Giovanni Ferigo, highlighted the company's strategic focus on enhancing digital infrastructure to meet the growing demand for connectivity. The investment plan includes a €1.5 billion commitment over the next three years aimed at further expanding its network, improving energy efficiency, and exploring new technologies like IoT and smart cities. This strategy not only aims to solidify Inwit's market position but also to contribute significantly to Italy's digital transformation.

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