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Wireless

Tele2 Norway turns EBITDA-positive in Q1

Friday 25 April 2014 | 11:54 CET | News
Tele2 said its Norwegian operations, which are under review, saw EBITDA improve to a positive SEK 22 million in the first quarter of 2014 from a loss of SEK 17 million in the last quarter of last year, with mobile EBITDA at SEK 10 million against a SEK 20 million loss and fixed line EBITA also at SEK 10 million, up from a positive SEK 1 million. A strategic review of Tele2's Norwegian business was initiated after it failed to win airwaves in the spectrum auction in December 2013.

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Categories: Fixed / Mobile & Wireless
Companies: Tele2 Norway
Countries: Norway
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