TeliaSonera keeps to targets in Q3

Net sales growth for Sweden’s Tele2 group amounted to 4% year-on-year in the third quarter of this year, reaching consolidated revenues of SEK10.3 billion (USD1.6 billion), while EBITDA in July-September 2011 amounted to SEK2.9 billion. A record EBITDA contribution was made by the Tele2 Russia division, which added 681,000 mobile customers in Q3 2011 to reach a total user base of 20.4 million, whilst the Russian unit recorded an EBITDA margin of 40%, up from 38% a year earlier. [More]

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