Tele2 (Neutral, TP: SEK 109, -2%) Q3 24: A slightly weak set of numbers, guidance reiterated
Tele2 has reported a slightly weak set of Q3 numbers with end-user SR -1.0% light of consensus expectations, and EBITDAaL -0.8% light, and EFCF -16% light (thanks to NWC and tax). All guidance has been reiterated
Tele2 is engaged as a telecom operator. Co. provides mobile communication services, fixed broadband and telephony, data network services and content services. The mobile service comprises various types of subscriptions for residential and business customers as well as prepaid cards. Fixed broadband includes direct access, which is its own services based on access via copper cable and other forms of access, such as fibre networks, wireless broadband and metropolitan area networks. Fixed telephony includes resold products within fixed telephony. The product portfolio within resold fixed telephony consists of prefix telephony, pre-selection (dial the number without a prefix) and subscriptions.
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- Pan European Telecom Services and Cable
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- Pan European Telecom Services and Cable
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