Sunday, 17 December 2017

Tele2 forecasts flat 2016 revenue, lower earnings

By Nick Wood, Total Telecom
Thursday 28 January 16

Sweden-based telco names new finance chief, CEOs of Swedish, Dutch operations.

Tele2 on Thursday forecast flat revenue and slightly lower EBITDA for 2016, as fourth quarter profit fell on costs stemming from its planned joint venture in Kazakhstan. The Sweden-based telco also appointed a new permanent finance chief and new CEOs for its domestic and Netherlands businesses. Revenue in the three months to 31 December increased 1% year…

Tele2 on Thursday forecast flat revenue and slightly lower EBITDA for 2016, as fourth quarter profit fell on costs stemming from its planned joint venture in Kazakhstan. The Sweden-based telco also appointed a new permanent finance chief and new CEOs for its domestic and Netherlands businesses. Revenue in the three months to 31 December increased 1% year…

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