Tele2 NL sees stable revenues, 21,000 new mobile users in Q1

Tuesday 21 April 2015 | 09:46 CET | News
Tele2 Netherlands reported first-quarter revenues up 0.2 percent to EUR 149.4 million, its first growth in five quarters. EBITDA still fell 48 percent to EUR 15.0 million, due to costs for setting up its own mobile network and increased usage under its MVNO agreement. Investments were up 46 percent year-on-year to EUR 42.7 million, leading to negative cash flow of EUR 27.7 million. Tele2 launched its LTE-Advanced network in the Netherlands at the start of this year and now covers most of the Randstad, including around 70 percent of the population. It aims to reach national coverage by Q1

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