In july fixed line operations in continental europe are ebitda positive on a regional level - Tele2

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Aug 14, 2002 4:09 PM CET

In july fixed line operations in continental europe are ebitda positive on a regional level

IN JULY FIXED LINE OPERATIONS IN CONTINENTAL EUROPE ARE EBITDA POSITIVE ON A REGIONAL LEVEL New York and Stockholm - August 14 2002 - Tele2 AB ("Tele2", "the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announces a trading update for the month of July 2002. · EBITDA for July 2002 MSEK 466 (July 2001, MSEK 268) up 74% · MSEK 2,549. Revenue for July (2001, MSEK 2,074) up 23% · Total Customers at July 31, 2002, 16.2 million · Total EBITDA margin for July, 18%, for mobile in Sweden 55%, for fixed line and Internet in Sweden, 22% Lars-Johan Jarnheimer, President and CEO of Tele2 AB stated: "Once again we can proudly show a gradual improvement in the company's positive result. The significant development for July is that our fixed line operations in continental Europe are now EBITDA positive for the first time on a regional level." Financial highlights SEK millions July July 2002 2001 Operating Revenue 2,549 2,074 EBITDA (i) 456 268 (i) Earnings before interest, taxes, depreciation and amortization MARKET AREAS (MSEK) OPERATING REVENUE 2002 2001 2002 2002 2001 2001 2001 July July Q2 Q1 Q4 Q3 Q2 Nordic 1,07 965 3,37 3,39 3,14 3,02 2,91 6 9 8 5 6 2 Eastern Europe & 200 102 588 494 389 284 272 Russia Central Europe 455 507 1,37 1,34 1,37 1,21 1,20 4 8 2 5 5 Southern Europe 687 412 2,01 1,78 1,48 1,29 1,29 0 8 2 7 3 Luxembourg 68 68 195 166 184 174 163 Branded products & 63 20 164 192 354 336 368 services Total operating 2,54 2,07 7,71 7,38 6,92 6,33 6,21 revenue 9 4 0 6 6 2 3 EBITDA 2002 2001 2002 2002 2001 2001 2001 July July Q2 Q1 Q4 Q3 Q2 Nordic 393 351 1,20 1,09 1,07 1,07 833 4 8 9 6 Eastern Europe & 58 25 133 126 76 79 58 Russia Central Europe -8 -38 -51 -27 -77 -119 -133 Southern Europe 11 -71 -72 -181 -329 -295 -310 Luxembourg 9 9 32 23 -37 33 -1 Branded products & -7 -8 -39 -90 -79 -53 -100 services Total EBITDA 456 268 1,20 949 633 721 347 7 EBITDA margin Nordic 37% 36% 36% 32% 34% 36% 29% Eastern Europe & 29% 25% 23% 26% 20% 28% 21% Russia Central Europe -2% -7% -4% -2% -6% -10% -11% Southern Europe 2% -17% -4% -10% -22% -23% -24% Luxembourg 13% 13% 16% 14% -20% 19% -1% Branded products & -11% -40% -24% -47% -22% -16% -27% services Total EBITDA margin 18% 13% 16% 13% 9% 11% 6% NUMBER OF CUSTOMERS Number of Net intake customers 2002 2001 200 200 200 200 2001 200 200 2 1 2 2 1 1 (in thousands) July July Chan Jul Jul Q2 Q1 Q4 Q3 Q2 ge y y Nordic 6,452 5,866 10% 5 122 1 172 198 332 81 Eastern Europe & 1,253 496 153% 36 15 116 105 422 93 124 Russia Central Europe 3,437 2,768 24% 14 -47 133 99 243 133 4 Southern Europe 4,826 3,691 31% 83 38 212 245 418 215 234 Luxembourg 222 191 16% 1 5 5 5 12 13 13 Total number of 16,190 13,01 24% 139 133 467 626 1,293 786 456 customers 2 TELE2 IN SWEDEN* (MSEK) *Optimal Telecom is included from January 1, 2002 2002 200 2002 2002 2001 2001 2001 1 July Jul Q2 Q1 Q4 Q3 Q2 y OPERATING REVENUE Mobile telephony 566 490 1,67 1,58 1,51 1,56 1,37 0 9 3 0 7 Fixed telephony and Internet 282 238 956 1,04 853 726 782 8 Cable Television 23 12 60 58 49 39 26 Total Tele2 in Sweden 871 740 2,68 2,69 2,41 2,32 2,18 6 5 5 5 5 EBITDA Mobile telephony 31 29 938 874 808 897 730 0 4 Fixed telephony and 61 56 219 216 220 161 141 Internet Cable Television -5 -15 -19 5 9 4 19 Total Tele2 in Sweden 37 34 1,16 1,09 1,04 1,04 852 6 5 6 4 7 3 EBITDA margin Mobile telephony 55% 60% 56% 55% 53% 58% 53% Fixed telephony and 22% 24% 23% 21% 26% 22% 18% Internet Cable Television 22% - 15% 7% 39% - - 42% 38% 73% Total Tele2 in Sweden 43% 47% 43% 41% 43% 45% 39% Tele2 AB, formed in 1993, is the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services under the brands Tele2, Tango and Comviq to 16.2 million people in 21 countries. Tele2 operates Datametrix, which specializes in systems integration, 3C Communications, operating public pay telephones and public Internet services; Transac, providing billing and transaction processing service; C³, offering co-branded pre-paid calling cards and Optimal Telecom, the price-guaranteed residential router device. The Group offers cable television services under the Kabelvision brand name and together with MTG, owns the Internet portal Everyday.com. The Company is listed on the Stockholmsbörsen, under TEL2A and TEL2B, and on the Nasdaq Stock Market under TLTOA and TLTOB. CONTACTS: Tele2 AB Lars-Johan Jarnheimer Telephone: + 46 8 562 640 00 President and CEO, Tele2 AB Håkan Zadler Telephone: +46 8 562 640 00 CFO Andrew Best, Investor Telephone: +44 7798 Relations, London 576378 Visit our web site at www.tele2.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/14/20020814BIT00860/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/14/20020814BIT00860/wkr0002.pdf

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