Home › Tele2 Q3 earnings rise as revenue dips, may seek to add fixed connectivity in Baltic region
 

Keywords :   


Tele2 Q3 earnings rise as revenue dips, may seek to add fixed connectivity in Baltic region

2020-10-20 10:41:00| Telecompaper Headlines

(Telecompaper) Tele2 has announced a 3 percent drop in organic revenue in the third quarter to 30 September, mainly caused by lower termination rates charged between operators. Underlying EBITDAaL increased by 2 percent organically thanks to a strong performance in the Baltic region, where Tele2 may seek to add fixed connectivity, and to cost savings. The Swedish B2B segment suffers from insufficient profitability, it said.

Tags: add region fixed rise

Category:Telecommunications

Latest from this category

All news
»
06.01Hyundai to use human-like robots in factories
06.01Nestle recalls some baby formula products over toxin fears
06.01Why are more gamers than ever playing the 2000s classic RuneScape?
06.01Electric car discounts are 'unsustainable' as sales climb, car group warns
06.01The 'magical' blue flower changing farmers' fortunes in India
06.01A prediction market user made $436,000 from bets on Maduro's downfall
06.01Nvidia unveils 'reasoning' AI technology for self-driving cars
05.01USDA standardizes grant and cooperative agreement requirements
More »