Tele2 Croatia EBITDA up sharply, sales lower

Wednesday 16 July 2014 | 13:20 CET | News
Tele2 Croatia ended the second quarter with net sales of SEK 329 million, down slightly from SEK 333 million a year earlier due to cuts in termination and roaming prices. The number of mobile customers reached 844,000, up by 45,000 from three months earlier. Service revenue rose 7 percent year-on-year, and EBITDA improved to SEK 33 million from SEK 22 million a year earlier. Tele2 reiterated its opposition to the recent increase in spectrum fees in Croatia and said it's contesting the government decision, which it believes violates EU law. As a precaution, it raised prices from 01 July to

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Categories: Mobile & Wireless
Companies: Tele2 / Tele2 Croatia
Countries: Croatia (Hrvatska)
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