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General

Tele2 Norway sales fall in Q3, outlook lowered

Tuesday 22 October 2013 | 10:11 CET | News
Tele2 Norway saw its net sales on the mobile segment fall to SEK 974 million from SEK 1.117 billion in Q3, mainly due to the reduction of termination rates taking SEK 125 million off revenues. Adjusted for this, the underlying mobile service revenue was up 2 percent in the quarter. Tele2 Norway reached EBITDA of SEK 49 million in Q3, down from SEK 101 million a year ago. Tele2 Norway had a net intake of 5,000 mobile customers in the quarter, leading to a total customer base of 1.126 million. Tele2 cut its outlook for the Norwegian mobile activities this year, to revenues of SEK 3.9-4.0

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Categories: General
Companies: Tele2 Norway
Countries: Norway
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