Swedish-based telecoms group Tele2 has reported that its consolidated turnover for the first three months of 2012 reached SEK10.481 billion (USD1.550 billion), a 9% increase on the same quarter of 2011. EBITDA also grew in the quarter ended 31 March 2012, climbing 1% year-on-year to SEK2.571 billion, despite a 17% drop in operating profit (EBIT) to SEK1.383 billion and a 29% plunge in net profit to SEK869 million
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OVETEL Tele2’s EBITDA climbs 1% on 9% sales hike
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