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Tele2 posts 5% growth in mobile service revenues in Q4

2014-02-07 08:54:00| Telecompaper Headlines

(Telecompaper) Tele2 forecast a return to growth in 2014, supported by an improved performance in mobile service revenues in the last quarter. For the current year, the operator targets revenues of SEK 30.0 billion, versus SEK 29.87 billion in 2013, and EBITDA of SEK 6.0 billion, up from SEK 5.99 billion last year. Overall its results showed a small drop in 2013 and the fourth quarter, but the company managed to increase mobile services revenues by 5 percent year-on-year, led by expansion in the Netherlands and Sweden. Total revenues were down 4 percent to SEK 7.57 billion, hurt by termiantion rate cuts and a continued decline in customers for fixed services. EBITDA improved slightly, up 1 percent to SEk 1.46 billion and a margin of 19 percent. EBITDA growth was held back by a chareg of SEK 35 million for job cuts in Norway. Despite losing out in the recent spectrum auction in Norway, Tele2 said it will continue to develop the business there with its existing frequencies and pursue commercial agreements for additional capacity. Tele2's net profit was down 22 percent to SEK 169 million in Q4. Capital expenditure increased to SEK 1.26 billion in the latest quarter as the group pushed ahead with network roll-outs, leading to a drop in cash flow to SEK 507 million. In 2014, the company forecast a small drop in capex to around SEK 4.5 billion from SEK 5.2 billion last year.

Tags: in service posts mobile

 

Tele2 Netherlands Consumer

2014-02-06 13:49:00| Telecompaper Reports

This company profile analyses Tele2 Netherlands Consumer. The report contains information on Tele2 Netherlands Consumer's current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of Tele2 Netherlands Consumer. It looks at the market in which Tele2 Netherlands Consumer operates as well as its competitors. Furthermore the profile reports on Tele2 Netherlands Consumer's marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of Tele2 Netherlands Consumer.

Tags: consumer netherlands tele2

 
 

Tele2 Zakelijk

2014-02-06 10:58:00| Telecompaper Reports

This company profile analyses Tele2 Zakelijk. The report contains information on Tele2 Zakelijks' current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of Tele2 Zakelijk. It looks at the market in which Tele2 Zakelijk operates as well as its competitors. Furthermore the profile reports on Tele2 Zakelijks' marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of Tele2 Zakelijk.

Tags: tele2

 

Exclusive: Tele2 seeks lifeline in Norway through Access talks

2014-02-05 20:17:33| IT Services - Topix.net

Tele2, which lost a December auction for the mobile spectrum it needs to run its Norwegian network, is in deal talks with the winner, Access Industries, in a bid to salvage its local operation, said four people familiar with the matter.

Tags: access exclusive norway talks

 

Tele2 Norway to suspend network build

2014-02-03 01:00:00| Total Telecom industry news

Operator says postponement is necessary after failing to secure frequencies.

Tags: network build norway suspend

 

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