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General

Tele2 NL: the long path to its own networks

Wednesday 22 April 2015 | 13:18 CET | Author: Tim Poulus | Background
Tele2 Netherlands had a weak first quarter. Price pressure, limited gains in mobile, losses in broadband and telephony customers and the costs of its wholesale agreement and network construction all put pressure on results. Revenue was flat (+0.2%), and EBITDA nearly halved (-48%). Free cash flow was again negative (-EUR 28 million) due to investments in the LTE network. Cash flow has deteriorated from a positive EUR 150 million in 2011 and EUR 132 million in 2012 to negative results of EUR 96 million in 2013 (including licence costs) and EUR 77 million in 2014. 

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Categories: General
Companies: Tele2 / Tele2 Netherlands
Countries: Netherlands
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