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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, October 26, 2009

Russia Lifts Tele2

Driven by the addition of new mobile customers in Russia, Tele2 reported a 3% year-on-year rise in revenues in the third quarter to 9.76 billion Swedish krona (1.44 billion US dollars).

Capital spending, mainly resulting from expansion in Russia, amounted to 1.17 billion krona, an increase of 24% from the third quarter of 2008. source: Tele2 statement

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