The Q2 release has confirmed the weak guidance given by the group at the begining of the year (while revenues should grow slightly by 2%, EBITDA should be between SEK4.6bn and SEK5bn vs SEK5.75bn in 2015 due to the roll-out and commercialisation of Tele2’s 4G network in the Netherlands). Q2 revenues, as expected, have grown by 1% yoy while EBITDA was down by 21%, primarily impacted by costs associated with the commercial push in the Netherlands following the 4G LTE network launch, but a
21 Jul 2016
Becoming more Swedish over time
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Becoming more Swedish over time
Tele2 AB Class B (NCYD:FRA) | 0 0 2.1% | Mkt Cap: 48,603m
- Published:
21 Jul 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
The Q2 release has confirmed the weak guidance given by the group at the begining of the year (while revenues should grow slightly by 2%, EBITDA should be between SEK4.6bn and SEK5bn vs SEK5.75bn in 2015 due to the roll-out and commercialisation of Tele2’s 4G network in the Netherlands). Q2 revenues, as expected, have grown by 1% yoy while EBITDA was down by 21%, primarily impacted by costs associated with the commercial push in the Netherlands following the 4G LTE network launch, but a