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General

Tele2 NL posts flat Q4 sales, adds 22,000 mobile subscribers

Friday 30 January 2015 | 10:22 CET | News
Tele2 Netherlands reported fourth-quarter revenues down 0.2 percent to EUR 154 million. After three quarters of decline, the operator managed to stabilise revenues year-on-year. Growth in the mobile market led to higher wholesale costs, resulting in a 52 percent drop in EBITDA to EUR 18.6 million. Capex totaled EUR 48.6 million, of which EUR 33.7 million went to rolling out its mobile network. This led to negative free cash flow for the fifth consecutive quarter, at negative EUR 30 million. The company gained another 22,000 mobile customers in the three months for a total 813,000 at year-end.

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Categories: General
Companies: Tele2 / Tele2 Netherlands
Countries: Netherlands
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