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Wireless

Tele2 Latvia sales increase 5% in H1

Thursday 21 July 2016 | 15:21 CET | News
Revenues of the mobile operator Tele2 Latvia grew by 5 percent year-on-year to EUR 50 million in the first half of this year. Capital expenditure of the operator reached EUR 6 million, and EBITDA increased by 1.4 percent to EUR 15 million. The EBITDA margin totaled 30 percent. The operator reversed the decline in subscribers in Q1 to add a net 6,000 new customers in Q2, for a total 947,000 at the end of June. Tele2 plans to cover 97 percent of the country's area with its LTE network this year.

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