Tele2 Lithuania sales increase 14% in Q1

Thursday 21 April 2016 | 16:37 CET | News
Net sales of the mobile operator Tele2 Lithuania grew by 14 percent year-on-year in the first quarter to SEK 381 million. Sales grew thanks to higher mobile service revenues and sales of equipment contributing positively. Mobile service revenue grew 8 percent compared to the same period last year and amounted to SEK 226 million, due to increased data usage and demand for additional services, Tele2 said. EBITDA rose 15 percent, to SEK 142 million, and the EBITDA margin was 37 percent, down by 1 percentage point, slightly affected by increased sales of low-margin handsets. The subscriber base

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