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Tele2 NL sees slower mobile growth in Q2

Wednesday 16 July 2014 | 10:01 CET | News
Tele2 Netherlands reported second-quarter sales down 7.6 percent year-on-year to EUR 146 million. The operator posted quarterly growth in mobile and consumer broadband, but handset sales were lower and broadband prices cut. EBITDA was down 21 percent to EUR 29.5 million. Tele2 said its recent investments in a new branding campaign should translate into growth over time. The mobile business was helped by its new price plans and better TV products for broadband customers. Capital expenditure rose almost four-fold compared to a year ago to EUR 41 million, driven by the accelerated roll-out of

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