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Tag: tele2
Tele2 to launch Netherlands 4G this week
2015-11-11 01:00:00| Total Telecom industry news
Mobile operator will offer Dutch consumers more data at a lower cost as part of a bid to capture a 20% revenue market share.
Tags: week
netherlands
launch
tele2
Tele2, Kazakhtelecom form mobile joint venture
2015-11-05 01:00:00| Total Telecom industry news
Deal to reduce number of operators in Kazakhstan to three; combined entity to have market share of 22%.
Tags: form
mobile
joint
venture
Tele2 AB: Invitation: Press conference and Analystsa conference call
2015-11-04 22:07:46| Appliances - Topix.net
On Wednesday, November 4, Tele2 Group is hosting an investor and analysts' conference call and a press conference. The host of both events will be Allison Kirkby, CEO and President of Tele2 Group.
Tags: call
press
conference
invitation
Tele2 agrees Kazakhstan joint venture with Altel
2015-11-04 08:36:00| Telecompaper Headlines
(Telecompaper) Tele2 announced an agreement to merge its mobile business in Kazakhstan with Altel, the mobile operator owned by Kazakhtelecom. The new business will have more than 5.6 million subscribers and a market share of around 22 percent. In addition, Tele2 will benefit from Altel's roll-out of a 4G network. Tele2 and Kazakhtelecom will own respectively 51 and 49 percent of the voting rights and 49 and 51 percent economic interests in the joint venture. Tele2 will retain management control. As part of the transaction, Tele2 will purchase Asianet's 49 percent stake in Tele2 Kazakhstan for an upfront consideration of SEK 128 million (USD 15 million) and a future earn-out equivalent to an 18 percent economic interest in the joint venture. This will give Tele2 a fully diluted economic interest of 31 percent, taking account of Asianet's earn-out.
Tags: joint
venture
kazakhstan
agrees
Tele2 cuts EBITDA outlook on Dutch expansion plans
2015-10-21 08:37:00| Telecompaper Headlines
(Telecompaper) Tele2 has trimmed its EBITDA outlook for 2015 as it accelerates the launch of its own mobile network in the Netherlands. Tele2 started migrating its own customers to the new network earlier this year and the company said it will now open the services to anyone, as network roll-out progressed faster than expected. This will lead to higher costs in Q4 and lower annual EBITDA of SEK 5.6-5.8 billion, compared to an earlier target fo SEK 5.8-6.0 billion. Tele2 still expects group revenues of SEK 25.5-26.5 billion in 2015 and mid single-digit growth in mobile service revenues. In the third quarter, mobile service revenue was up 5 percent, helping to offset a drop in fixed telephony and broadband revenue. Total sales rose to SEK 6.791 billion from SEK 6.584 billion a year ago. EBITDA already started to feel the impact of the spending in the Netherlands as well as the weaker fixed operations and fell to SEK 1.599 billion from SEK 1.682 billion. The margin dropped to 24 percent from 26 a year ago. Net profit nearly halved to SEK 397 million from SEK 726 million, hurt by an impairment on goodwill in Estonia of SEK 197 million, restructuring costs and a revaluation of the put option in Kazakhstan on currency fluctuations.
Tags: plans
expansion
dutch
outlook
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