Tele2 Capital Market Day 2009: New financial targets for Tele2's
mobile operations in Sweden
(Thomson Reuters ONE) - Stockholm - Tele2 AB, ("Tele2"), (NASDAQ OMX Stockholm: TEL2 A andTEL2 B), today announced new financial targets for its Swedish mobileoperations.Tele2's mobile operations in Sweden will target a higher market sharein the postpaid segment, with the aim to improve the long-termcustomer lifetime value. In the short term, the strategy will lead tohigher total acquisition costs, resulting in an EBITDA margin movingtowards 30 percent in 2010.Harri Koponen, President and CEO of Tele2, comments: "We are thenumber one in the Swedish prepaid market. To improve the growthprofile of our company, we need to increase our efforts in thepostpaid arena. I strongly believe that the long-term benefits willsignificantly offset the short-term investments in a higher-valuecustomer base."____________________________________________________________________Further information can be obtained from:Lars Torstensson, Investor Inquiries, Tel: +46 702 73 48 79Pernilla Oldmark, Press Inquiries, Tel: +46 704 26 45 45Tele2 is one of Europe's leading alternative telecom operators.Tele2's mission is to provide affordable and easy connectivity foreveryone at anytime. Tele2 always strives to offer the market's bestprices. We have 25.4 million customers in 11 countries. Tele2 offersmobile services, fixed broadband and telephony, data networkservices, cable TV and content services. Ever since Jan Stenbeckfounded the company in 1993, it has been a tough challenger to theformer government monopolies and other established providers. Tele2has been listed on the NASDAQ OMX Stockholm since 1996. In 2008, wehad net sales of SEK 39.5 billion and reported an operating profit(EBITDA) of SEK 8.2 billion.http://hugin.info/133413/R/1341897/321050.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.09.2009 - 13:14 Uhr
Sprache: Deutsch
News-ID 5924
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