Tele2 Latvia revenues up 6% in Q1, EBITDA grows over 11%
Revenues of Tele2 Latvia totaled EUR 45.7 million in the first quarter, up by 5.8 percent year-on-year. EBITDAaL rose nearly twice as fast, rising 11.4 percent to EUR 21.5 million. Capital expenditure of the company amounted to EUR 4 million and increased mainly due to higher lease related investments, attributable to the sale of its tower. Net intake in the quarter was positive in mobile postpaid with 6,000 RGUs, and negative in mobile prepaid with a loss of 12,000 RGUs.