0
General

Tele2 lifts FY guidance slightly as Q2 organic service revenue rises 2% on Baltic growth

Wednesday 14 July 2021 | 09:58 CET | News
Tele2 has revised its full-year financial guidance slightly upwards as it reported a 2 percent year-on-year rise in end-user service revenue in the second quarter of 2021 to SEK 4.82 billion on an organic basis. It attributed this to a "strong performance" in the Baltic region and stabilisation in Sweden. Revenue increased by 1 percent to SEK 6.57 billion and underlying EBITDAaL swelled by 8 percent to SEK 2.37 billion thanks to its Baltic performance, cost savings, lower commercial spending and weaker pandemic headwind.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Tele2 / Tele2 Estonia / Tele2 Latvia / Tele2 Lithuania / Tele2 Sweden
Countries: Europe
::: add a comment
This article is part of dossier

5G

,

IoT


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Tele2 names Sigurd EVP for corporate affairs, puts Dahmm in charge of working culture

Published 31 Aug 2021 12:58 CET | Europe
Tele2 has announced the appointment of Torkel Sigurd as new executive vice president for corporate affairs and a member of the ...

Tele2 Estonia revenues up 15% in Q2

Published 15 Jul 2021 15:39 CET | Estonia
Revenues of the operator Tele2 Estonia totaled EUR 13.3 billion in the second quarter of this year, up by 15 percent ...

Tele2 Lithuania revenues grow 15% in H1

Published 14 Jul 2021 16:24 CET | Lithuania
Revenues of the operator Tele2 Lithuania totaled EUR 142.12 million in the first half of this year, up by 14.9 percent ...

Tele2 Latvia revenues up 13% in Q2

Published 14 Jul 2021 16:08 CET | Latvia
Revenues of the operator Tele2 Latvia totaled EUR 35.8 million in the second quarter of this year, up by 13 percent year-on-year. ...

Telia has fastest mobile broadband in Lithuania in H1

Published 12 Jul 2021 15:17 CET | Lithuania
Telia Lithuania's average mobile broadband download speed was 93.6 Mbps in the first half of this year, according to a study by ...

Tele2 names new CFO from January, appoints ex-Veon's de Groot as CCO from August, general counsel departs

Published 12 Jul 2021 09:36 CET | Europe | Update: 12 Jul 2021 09:44 CET
Tele2 has announced the appointments of a new chief financial officer (CFO), a new chief commercial officer (CCO), and the ...

Tele2 Q2 results to benefit from SEK 371 mln in provisions released after tax claims

Published 25 May 2021 13:39 CET | Sweden
Tele2 said it will release SEK 371 million in provisions for taxes, with a positive effect on its second quarter 2021 results. It ...

Tele2 announces departure of CFO and CCO in September

Published 29 Apr 2021 09:38 CET | Europe
Tele2 has announced that CFO Mikael Larsson and CCO Samuel Skott will both leave the company on 01 September 2021. The news comes ...

Tele2 absorbs Swedish broadband and TV brand Com Hem

Published 27 Apr 2021 09:41 CET | Sweden
Tele2 has announced that it is absorbing its Com Hem brand in Sweden following the merger of the two companies in November 2018. ...

Tele2 proposes SEK 3 extraordinary dividend as Q1 earnings rise 6%

Published 22 Apr 2021 10:00 CET | Europe
Tele2 has reported a 1 percent drop in first quarter end-user service revenue (EUSR) because of the pandemic, but a 6 percent ...