Tele2 evolves further, embraces LTE

Monday 19 September 2011 | 16:26 CET | Author: Tim Poulus | Background
Tele2 held its 'Capital Markets Day' in Stockholm on 15 September. The company gave presentations on its different country and regional operations, including new targets for Croatia and Kazakhstan. The management was upbeat. The company's profitability is improving, supporting an increase in the ROCE target from 20 to 24 percent. It continues to target an EBITDA margin of 35 percent for its mobile operations with their own networks. Tele2 is now focusing on a further improvement in results and increasing scale. The company maintains the idea that a market leader with a 50 percent market share

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Categories: Mobile & Wireless
Companies: Net4Mobility / Tele2 / Telekom Deutschland / Telenor
Countries: Europe
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