NEW YORK and STOCKHOLM, Sweden, Oct. 21, 2003 (PRIMEZONE) -- Tele2 AB ("Tele2", "the Group") (Nasdaq:TLTOA)(Nasdaq:TLTOB), the leading alternative pan-European telecommunications company, today announced its consolidated results for the third quarter ended September 30, 2003.
-- Operating revenue for the first nine months 2003 increased by 21% to
MSEK 27,255 (MSEK 22,554*)
-- Profit after tax for the first nine months 2003 increased to MSEK 854
(MSEK -374*)
-- Earnings (loss) per share after tax and after dilution for the first
nine months 2003 increased to SEK 5.78 (SEK -2.53*)
-- Revenue for Q3 increased by 22% to MSEK 9,414 (MSEK 7,695)
-- EBITDA for Q3 rose 15% to MSEK 1,635 (MSEK 1,422)
-- Number of customers rose by 1,637,000 to 20.4 million in Q3
-- Cash flow from operating activities up 37% to MSEK 1,706 in Q3
-- Launch of Tele2 service offering in the UK
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
* excl. MSEK 237 Telia court settlement (note 1).
The figures shown in parenthesis correspond to the comparable periods in 2002 and all negative amounts are distinguished with a minus sign.
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-0- CONTACT Lars-Johan Jarnheimer Telephone: + 46 8 562 640 00 President and CEO, Tele2 AB Hakan Zadler Telephone: + 46 8 562 640 00 CFO, Tele2 AB Dwayne Taylor Telephone: + 44 20 7321 5038 Investor enquiries