Tele2 Russia Q3 results

23 Oct 2008

Tele2 Russia’s net sales in the third quarter of 2008 rose to SEK1.763 billion (USD2.25 million) from SEK1.283 billion a year earlier. EBITDA improved to SEK628 million from SEK428 million. Tele2 Russia maintained its EBITDA margin of 36%, despite an initiated roll-out in 18 new regions including Krasnodar. The operator added a total of 449,000 new mobile subscribers in the quarter, taking its total customer base to 9.9 million.

Russia, Tele2 Russia