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Wireless

Tele2 Latvia grows sales on smaller customer base

Thursday 28 January 2016 | 13:59 CET | News
Sales of the mobile operator Tele2 Latvia increased to SEK 248 million in the fourth quarter of 2015 from SEK 234 million a year earlier, driven by strong demand for mobile data, shifting sales towards higher data buckets and new handsets. Mobile customer net intake in the quarter was in line with last year and amounted to a loss of 27,000, for a total base of 948,000 at year-end. Growth in in the B2B segment helped mobile service revenue increase slightly to SEK 146 million from 144 million a year earlier. EBITDA fell to SEK 78 million from SEK 82 million, translating into an EBITDA margin

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