Tele2 full-year 2017 net sales up 18% y-o-y

2 Feb 2018

Sweden-based Tele2 has announced net sales of SEK25.02 billion (USD3.18 billion) for full-year 2017, an 18% increase on the year-ago figure of SEK21.19 billion. EBITDA also grew by the same percentage margin, reaching SEK6.41 billion in the twelve months ended 31 December 2017, up from SEK5.41 billion in full-year 2016. This increase has been helped by the merger of Tele2 Netherlands and Deutsche Telekom’s Dutch unit T-Mobile NL, with Tele2 receiving a cash payment of EUR190 million (USD224 million) as part of the deal. Net profit also surged in full-year 2017, totalling SEK2.67 billion, a 67% increase on SEK1.60 billion recorded for 2016. In terms of net sales, Sweden and Kazakhstan performed strongly with growth of 20% and 21% respectively. In operational terms the group reported 15.347 million customers at 31 December 2017, an increase of 2.2% from the year-ago group subscriber total of 15.011 million.




Have feedback, corrections, or story ideas? Send them to

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
  • Regulators

Learn more about advertising on CommsUpdate.