Tele2 Latvia grows sales 2% in Q3

Wednesday 21 October 2015 | 15:48 CET | News
Sales of the mobile operator Tele2 Latvia grew by 2 percent in the third quarter to SEK 247 million, while EBITDA was still down 7 percent to SEK 79 million. The mobile customer base increased by 11,000 in the three months to 985,000, and mobile end-user service revenue grew by 5 percent compared to last year to SEK 152 million. Tele2 said sales were positively impacted by a number of important new customers in the B2B sector, growing mobile data usage and an increasing amount of postpaid subscribers with higher ARPU. EBITDA was negatively affected by increased expansion costs due to higher

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Categories: Mobile & Wireless
Companies: Tele2 Latvia
Countries: Latvia
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