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General

Tele2 lifts Q4 EBITDA 44% with revenue up 10%, plans SEK 1 bln opex cuts over 3 years

Monday 3 February 2020 | 10:27 CET | News
Tele2 has reported a 10 percent increase in group fourth quarter revenue thanks to the merger with Com Hem, and said underlying EBITDA grew by 44 percent. In its home base of Sweden, the operator has announced a transformation plan to cut opex by at least SEK 1 billion over three years. At the start of February 2020, it has launched a new brand called Penny to sell mobile postpaid and fixed broadband services on digital channels.

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Categories: General
Companies: Boxer / Com Hem / Tele2 / Tele2 Sweden
Countries: Europe / Sweden
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