Telecoms: Italy

During the first half of 2006 Elitel registered 61% growth in turnover compared to same period in 2005, to € 101,4 million. The Group has launched new services in particular in the wholesale area with the introduction of the pre paid cards and the signing of agreements for the distribution of the cards.

By 30 June 2006 the Group’s own fixed line customer base comprised more of 73,000 business customers; 226,000 residential customers and more of 11,300 VoIP end users.