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Press release Tele2 Group Aug 06 2001, 4:05 PM CET

TELE2 AB ANNOUNCES STRONG GROUP CUSTOMER INTAKE, AND CONTINUED SIGNIFICANT IMPROVEMENT IN EBITDA MARGINS

  • 63% Annualized increase in Pro forma Operating Revenue
  • 67% Annualized increase in Q2 Pro forma Operating Revenue
  • Second successive EBITDA positive quarter since SEC Acquisition, a MSEK 349 improvement Q2/Q1
  • 66% Annualized increase in Q2 EBITDA for Tele2 Sweden
  • Tele2's Mobile Operations in Sweden reported 53% EBITDA margins and close to 2.3m Subscribers, an Annualized increase of 25%
  • 41% Annualized increase in Pro forma Subscribers to 12.9 million
  • Cash flows provided by operating activities improved from MSEK -211 in the first quarter to MSEK 385 in the second quarter
  • Baltic and Eastern Europe increased Annualized EBITDA from MSEK 3 to MSEK 117
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    The full report with tables can be downloaded from the following link:

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