LT: Lithuanian Tele2 revenues down by 0.8% y/y in Q2.

By bne IntelliNews July 21, 2011
Lithuanian mobile network carrier Tele2 recorded revenues of LTL 116.7mn (EUR 33.8mn) in Q2, a decline of 0.8% y/y. EBITDA in Q2 amounted to LTL 34.9mn, which indicates 17.7% y/y decline. In H1 the company recorded revenues of LTL 227.3mn, 0.3% y/y decline. EBITDA in H1 amounted to LTL 81.2mn, down by 0.1% y/y. Petras Masiulis, head of the company, said that despite of the negative effect of the reduced charges of call finalization, the company would have recorded growth.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss