Wednesday, August 01, 2007
Tele2 Latvia honcho on Q2 results
Tele2 Latvia board chairman Petras Kirdeika talks about Q2 and first half results, with revenue up 17 % to LVL 60.51 million (in the first half of 2007) and EBITDA up 13 % to LVL 28.1 million (Petras doesn't mention the figures in the video). Tele2 is the largest operator in Latvia by number of users -- over 1.1 million, but still trails rival Latvian Mobile Telephone (LMT) in terms of revenues. Petras also said at a press breakfast that he was getting good growth of business customers and postpaids (around 70 % of Tele2 customers are prepaid).