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General

Tele2 forecasts stable results in 2015

Friday 30 January 2015 | 09:49 CET | News
Tele2 forecast stable results in 2015. After a 1 percent rise in revenues last year to SEK 25.96 billion, the operator forecast revenues of SEK 25.5-26.5 billion in 2015. Mobile service revenue is expected to grow in mid-single digits, compared to a 7 percent increase in 2014. Adjusted EBITDA is estimated at SEK 5.8-6.0 billion in 2015, little changed compared to SEK 5.926 billion in 2014, when the result was up 1 percent. Capital expenditure will increase to SEK 3.8-4.0 billion this year from SEK 3.5 billion in 2014. Tele2 said it will also invest SEK 200 million in 'The Challenger Program',

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Categories: General
Companies: Tele2
Countries: Europe
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