NEW YORK and STOCKHOLM, Sweden, August 05, 2003 (PRIMEZONE) -- Tele2 AB (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholm:TEL2A)(Stockholm:TEL2B), the leading alternative pan-European telecommunications company, today announced its consolidated results for the second quarter ended June 30, 2003.
-- Number of customers rises by 1,063,000 to 18.7 million -- Revenues up 21%, by MSEK 1,602 to MSEK 9,225 compared to Q2 2002*-- EBITDA MSEK 1,538 compared to MSEK 1,120 in Q2 2002(a) -- EBT more than triples to MSEK 567 compared to Q2, 2002(a) -- Fixed line EBITDA margin in Continental Europe over 7% while adding 570,000 new customers-- Cash flow after investments MSEK 965 compared to MSEK 70 in Q2 2002-- Launch of four GSM networks in Russia
(a) excl. MSEK 87 Telia court settlement (note 1)
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The full report is available for download:
http://www.waymaker.net/bitonline/2003/08/05/20030804BIT00580/wkr0001.doc
http://www.waymaker.net/bitonline/2003/08/05/20030804BIT00580/wkr0002.pdf