Exactly like in the previous quarters, Q4 sales increased by 2% yoy at constant currency while the EBITDA declined by 5% yoy despite a good performance in Sweden (+8% yoy). The reason for this expected weak performance was the Netherlands where increasing data traffic and costs associated with the MVNO agreement as well as an acceleration in the mobile rollout resulted in a decline in the Dutch EBITDA which amounted to SEK35m in Q4 vs SEK172m a year ago (and SEK275m two years ago). The headli
28 Jan 2016
The growth engines are stalling
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The growth engines are stalling
Tele2 AB Class B (NCYD:FRA) | 0 0 2.1% | Mkt Cap: 48,603m
- Published:
28 Jan 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
Exactly like in the previous quarters, Q4 sales increased by 2% yoy at constant currency while the EBITDA declined by 5% yoy despite a good performance in Sweden (+8% yoy). The reason for this expected weak performance was the Netherlands where increasing data traffic and costs associated with the MVNO agreement as well as an acceleration in the mobile rollout resulted in a decline in the Dutch EBITDA which amounted to SEK35m in Q4 vs SEK172m a year ago (and SEK275m two years ago). The headli