Infrastrutture Wireless Italiane S.p.A. reported earnings results for the fourth quarter and full year 2016. For the fourth quarter the company reported that revenue increased to EUR 84.7 million, compared to EUR 80.4 million a year ago. At the same time, OpEx continued decreasing. Impact of revenues and OpEx on EBITDA was at 13% growth. EBITDA was EUR 42.2 million compared to EUR 37.1 million a year ago. For the full year, the company reported revenues have grown by 4.6% compared with the previous year. EBITDA growth of the year is 13.4% EBITDA is EUR 163.6 million, higher than that of the previous year. The total yearly revenues account for EUR 333.5 million and continue to increase by approximately 5% year-on-year. The company reported a good top line performance in revenues with an increase of 4.6% versus full year of 2015 and a 2.7% decrease in operating expenses. Considering the ordinary CapEx, the cash conversion amounted to 97%. The free cash flow comes mainly from an operating free cash flow of EUR 120 million, a tax cash out for EUR 54.6 million.