Tele2 says its integration with Swedish cable network is progressing faster than planned.
Announcing its third quarter results, the telco said it had resulted in an impact close to SEK 150 million on the quarter. But the net effect in the company’s underlying EBITDA was partly offset by a decline in revenue, such as the continued decline in DTT operator Boxer.
The service lost 9,000 subscribers and there was also a drop in digital TV cable & fibre ARPU ¬– Tele2 has used the term ASPU for its average subscriber revenue of 6%. This was attributed to lower price increases than in the same period last year.
Revenue of SEK 6.9 billion remained flat.
CEO Anders Nilsson said that nine months into the year the company was on track to deliver on the full-year guidance with improving trends in the Sweden Consumer segment and continued execution in the Baltics.