Exactly like in Q2, Q3 sales increased by 3% yoy at constant currency while the EBITDA declined by 5% yoy despite a doubling of the EBITDA in Kazakhstan and stability in Sweden. The reason for this expected weak performance is 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 EBITDA which amounted to SEK –83m.
26 Oct 2015
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How much is Tele2 worth?
Exactly like in Q2, Q3 sales increased by 3% yoy at constant currency while the EBITDA declined by 5% yoy despite a doubling of the EBITDA in Kazakhstan and stability in Sweden. The reason for this expected weak performance is 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 EBITDA which amounted to SEK –83m.