We use cookies in order to provide you with the best user experience and to collect visitor statictics. By using our website, you agree to the use of cookies. Read more about cookies

Our market sites

Our market sites

Aug 5, 2003 6:00 AM CET

TELE2 REPORTS CUSTOMER INTAKE OF 1,063,000, WITH REVENUES UP 21% TO MSEK 9,225 AND EBT MORE THAN TRIPLING TO MSEK 567

New York and Stockholm - Tuesday, August 5, 2003 - Tele2 AB ("Tele2", "the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced its consolidated results for the second quarter ended June 30, 2003.
  • Number of customers rises by 1,063,000 to 18.7 million
  • Revenues up 21%, by MSEK 1,602 to MSEK 9,225 compared to Q2 2002*
  • EBITDA MSEK 1,538 compared to MSEK 1,120 in Q2 2002*
  • EBT more than triples to MSEK 567 compared to Q2, 2002*
  • Fixed line EBITDA margin in Continental Europe over 7% while adding 570,000 new customers
  • Cash flow after investments MSEK 965 compared to MSEK 70 in Q2 2002
  • Launch of four GSM networks in Russia
*excl. MSEK 87 Telia court settlement (note 1)

Related Material