Tele2 nears eight million users in Russia

26 Jul 2007

The subscriber base of cellco Tele2 Russia surpassed 7.9 million by the end of June 2007, said the company in its first-half announcement. The Swedish-owned GSM operator, which comprises 14 amalgamated regional networks, posted a record high 33% EBITDA margin in the first six months of 2007, as operating revenue grew by 5% year-on-year to SEK25.947 billion (USD3.865 billion).

Sweden, Tele2 Russia