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General

Tele2 Netherlands grows in mobile in Q3

Tuesday 22 October 2013 | 10:54 CET | News
Tele2 Netherlands reported third-quarter sales up 8 percent to EUR 159 million, while EBITDA fell 32 percent to EUR 31 million. The EBITDA margin dropped to 19.6 percent. Capex totaled EUR 14 million, or 8.7 percent of sales, and free cash flow (EBITDA - capex) halved to EUR 17 million. The operator added 56,000 mobile customers in the three months for a total 640,000 at the end of September. Since September Tele2 has started issuing 4G-ready Sim cards, and its first 4G network site was set up on 20 August, as part of its site-sharing agreement with T-Mobile. The operator maintained its

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Categories: General
Companies: Tele2 Netherlands
Countries: Netherlands
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