Sweden’s Tele-2 has recorded a 3% decline in revenues following its internal restructuring in the wake of the Com Hem merger.
The company reported revenues of SEK 6.9 billion.
Swedish Consumer revenue slipped by 1% following a decline in mobile pre-pay and digital TV revenues elevated by the Covid-19 crisis. The decline in premium services continued, though at a lower rate than in the previous two quarters, as sports coverage returned to Swedish screens.
There was some compensation from fixed broadband and mobile post-paid end-user service revenue.
Tele-2 has also invested in the final switch-off of Com Hem’s analogue TV services.