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Tele2 Netherlands Q1 sales up 3.7%, adds 31,000 mobile subs

Thursday 21 April 2016 | 10:18 CET | News
Tele2 Netherlands reported first-quarter revenue up 3.7 percent year-on-year to EUR 155 million, while its expansion in the mobile market led to negative EBITDA of EUR 3.3 million. The operator reached a record level of capex, at EUR 56 million. Spending on mobile declined somewhat, while the company stepped up investments in fixed broadband after a long pause. Free cash (EBITDA minus capex) reached a new low point of a negative EUR 59 million. Tele2 added 31,000 mobile customers in the three months, the strongest growth in two years, for a total base of 875,000 at the end of March. Mobile

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Categories: General
Companies: Tele2 Netherlands
Countries: Netherlands
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