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General

Tele2 NL profit drops as Q3 sales fall 6.7%

Thursday 23 October 2014 | 10:31 CET | News
Tele2 Netherlands added a net 23,000 new mobile subscribers in the third quarter for a total 791,000 at the end of September. In fixed broadband, the operator added 1,000 customers to reach 368,000, while fixed telephony lost another 5,000 users to 85,000. Due to price pressure, particularly in the fixed market, revenues fell 6.7 percent year-on-year to EUR 149 million. Mobile revenues dropped 1.2 percent, broadband fell 8.5 percent, and telephony revenues were down 27.4 percent. This resulted in a drop of 28 percent in EBITDA to EUR 22.4 million, a new low point for the company. Tele2

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Categories: General
Companies: Tele2 Netherlands
Countries: Netherlands
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