IN Q3 TELE2 GENERATED RECORD CASHFLOW FROM OPERATING ACTIVITIES OF MSEK 1,706, WHILE REPORTING LARGEST EVER CUSTOMER NET INTAKE OF 1,637,000

New York and Stockholm - Tuesday, October 21, 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 third quarter ended September 30, 2003.
  • Operating revenue for the first nine months 2003 increased by 21% to MSEK 27,255 (MSEK 22,554*)
  • Profit after tax for the first nine months 2003 increased to MSEK 854 (MSEK -374*)
  • Earnings (loss) per share after tax and after dilution for the first nine months 2003 increased to SEK 5.78 (SEK -2.53*)
  • Revenue for Q3 increased by 22% to MSEK 9,414 (MSEK 7,695)
  • EBITDA for Q3 rose 15% to MSEK 1,635 (MSEK 1,422)
  • Number of customers rose by 1,637,000 to 20.4 million in Q3
  • Cash flow from operating activities up 37% to MSEK 1,706 in Q3
  • Launch of Tele2 service offering in the UK


 
CONTACTS
 
 
Lars-Johan Jarnheimer
 
Telephone: + 46 8 562 640 00
 
President and CEO, Tele2 AB
 
 
Håkan Zadler
 
Telephone: + 46 8 562 640 00
 
CFO, Tele2 AB
 
 
 
Dwayne Taylor
 
Telephone: + 44 20 7321 5038
 
Investor enquiries
 
 
 
Tele2 AB - company registration number: 556410-8917
Skeppsbron 18
P.O. Box 2094
SE-103 13 Stockholm
Sweden
Tel+ 46 8 562 000 60
 
Visit us at our homepage: http://www.Tele2.com
 
* excl. MSEK 237 Telia court settlement (note 1).
The figures shown in parenthesis correspond to the comparable periods in 2002 and all negative amounts are distinguished with a minus sign.

About Us

TELE2’S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE CONNECTED LIFE. We believe the connected life is a better life, and so our aim is to make connectivity increasingly accessible to our customers, no matter where or when they need it. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 offers mobile services, fixed broadband and telephony, data network services, content services and global IoT solutions. Every day our 17 million customers across 9 countries enjoy a fast and wireless experience through our award winning networks. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2016, Tele2 had net sales of SEK 28 billion and reported an operating profit (EBITDA) of SEK 5.3 billion. For definitions of measures, please see the last pages of the Annual Report 2016. Follow @Tele2group on Twitter for the latest updates.