NEW YORK and STOCKHOLM, Sweden, April 21, 2004 (PRIMEZONE) -- Tele2 AB ("Tele2", "the Group") (Nasdaq:TLTOA) (Nasdaq:TLTOB) and (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading and profitable alternative pan-European telecom operator, today announced its consolidated results for the first quarter ended March 31, 2004.
-- Operating revenue increased by 20% to MSEK 10,379 (MSEK 8,616)
-- Profit after tax increased to MSEK 286 (MSEK 187)
-- Earnings per share after tax increased to SEK 1.93 (SEK 1.27)
-- Net intake of 1.6 million customers
-- Cash flow after investing activities amounted to MSEK 1,211
(MSEK 372)
-- Operating revenue growth of 60% in Central Europe
The figures shown in parenthesis correspond to the comparable periods in 2003 and all negative amounts are distinguished with a minus sign.
Tele2 AB -- company registration number: 556410-8917 Skeppsbron 18 P.O. Box 2094 SE-103 13 Stockholm Sweden Tel+ 46 8 562 000 60
Visit us at our homepage: http://www.Tele2.com
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http://www.waymaker.net/bitonline/2004/04/21/20040421BIT20080/wkr0006.pdf