TELE2 AB ANNOUNCES STRONG GROUP CUSTOMER INTAKE, AND SIGNIFICANT IMPROVEMENT IN EBITDA MARGINS IN ALL FIXED LINE OPERATIONS, MAKING THE GROUP EBITDA POSITIVE IN THE FIRST QUARTER OF 2001

  • 59% Annualized increase in Proforma Operating Revenue
  • 140% Annualized increase in Group Operating Revenue
  • Group EBITDA Positive for first time since SEC Acquisition, a MSEK 358 improvement Q1/Q4
  • Increasing profitability per subscriber across Continental Europe
  • 14% Annualized increase in EBITDA for Tele2 Sweden
  • Tele2's Mobile Operations in Sweden reported 2.2 million subscribers and 53% EBITDA margins
  • 53% Annualized increase in Proforma Subscribers to 12.4 million
  • Baltic and Eastern Europe increased EBITDA from MSEK -23 in Q4 to MSEK 59 in Q1
 
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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.

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