Swedish telecoms group Tele2 has posted net revenues of SEK9.99 billion (USD1.49 billion) for the third quarter, up from SEK9.83 a year earlier. EBITDA in the three months ended 30 September 2010 rose by 13% year-on-year to SEK2.75 billion and quarterly net profit advanced 11% to SEK2.48 billion. Highlights in Q3 2010 included Tele2 Russia adding 1.17 million net new mobile customers in the three-month period to reach a total of 17.68 million at the end of September, up from 13.30 million at end-3Q09, whilst Tele2 Sweden’s mobile broadband internet subscription base customer grew from 261,000 at end-September 2009 to 358,000 a year later; increased usage raised domestic mobile broadband monthly ARPU to SEK127 in 3Q10, up from SEK121 a year earlier. Group-wide, Tele2’s total mobile customers increased to 26.27 million at end-September 2010, up from 21.35 million year-on-year, as it added 1.40 million new users in the third quarter, whilst fixed broadband connections rose from 1.19 million in the year-ago period to 1.20 million, and fixed telephony subscribers fell from 3.16 million to 2.61 million over the span of twelve months.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors