TELE2 AB ANNOUNCES STRONG GROUP CUSTOMER INTAKE, AND SIGNIFICANT IMPROVEMENT IN EBITDA MARGINS IN ALL FIXED LINE OPERATIONS, MAKING THE GROUP EBITDA POSITIVE IN THE FIRST QUARTER OF 2001 - Tele2

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Apr 25, 2001 7:07 AM CET

TELE2 AB ANNOUNCES STRONG GROUP CUSTOMER INTAKE, AND SIGNIFICANT IMPROVEMENT IN EBITDA MARGINS IN ALL FIXED LINE OPERATIONS, MAKING THE GROUP EBITDA POSITIVE IN THE FIRST QUARTER OF 2001

  • 59% Annualized increase in Proforma Operating Revenue
  • 140% Annualized increase in Group Operating Revenue
  • Group EBITDA Positive for first time since SEC Acquisition, a MSEK 358 improvement Q1/Q4
  • Increasing profitability per subscriber across Continental Europe
  • 14% Annualized increase in EBITDA for Tele2 Sweden
  • Tele2's Mobile Operations in Sweden reported 2.2 million subscribers and 53% EBITDA margins
  • 53% Annualized increase in Proforma Subscribers to 12.4 million
  • Baltic and Eastern Europe increased EBITDA from MSEK -23 in Q4 to MSEK 59 in Q1
 
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