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Tele2 Latvia revenues grow 11% in Q3

Thursday 19 October 2017 | 13:06 CET | News

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The operator claims that the market competition was characterised by the operators' different approaches to RLAH and introduction of new price plans. The normally strong prepaid intake during the third quarter was subdued due to the RLAH introduction. Mobile end-user service revenue growth of 13 percent in local currency was driven mainly by a swift uptake of new price plans. The EBITDA margin increased to 40  percent, up by 6 percentage points as a result of higher service revenue, declining churn and disciplined cost management.

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