Planetel SpA MIL:PLN:
STARTS CONSTRUCTION OF NEW DATA CENTER IN PADUA, TOTAL INVESTMENT EUR 7 MILLION
DATA CENTER CONSTRUCTION TO COMPLETE BY NOVEMBER 2026
Planetel Starts New Data Center Construction, Total Investment EUR 7 Mln
Earlier from Planetel
- PLN: Recurring revenues rose 5% YoY as investments in datacenter, cybersecurity, and fiber accelerated
- PLN: Revenue up 5% YoY, stable EBITDA, and strategic investments set stage for H2 growth
- PLN: Revenue up 12% to €37.2M, with major investments in fiber, cloud, and data centers
- PLN: Strong double-digit growth in 2024, with further expansion and M&A planned for 2025