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
 
The full report including tables can be downloaded from the following link.

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TELE2’S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE CONNECTED LIFE. We constantly strive to be the truly integrated challenger – providing speed, data and video content, no matter where or when. Ever since Tele2 was founded in 1993, we have continued to challenge prevailing norms and dusty monopolies. Today, our award winning networks enable mobile and fixed connectivity, telephony, data network services, TV, streaming and global IoT solutions for millions of customers. We drive growth through customer satisfaction and smart combined offerings. Tele2 has been listed on Nasdaq Stockholm since 1996. In 2018, Tele2 generated revenue of SEK 30 billion and reported an adjusted EBITDA of SEK 9 billion. For latest news and definitions of measures, please see our homepage www.tele2.com