Tele2 Sees Profit Rise to 1.1 Billion Kronor in First Quarter

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Tele2 Sees Profit Rise to 1.1 Billion Kronor in First Quarter
Photo: Janerik Henriksson/TT

The telecom operator Tele2 made a profit before tax of 1.1 billion kronor for the first quarter, compared to a profit of 1.0 billion for the same period last year.

The turnover was unchanged at 7.2 billion kronor.

The cost savings continue, 450 employees left the group during the quarter, according to the quarterly report.

The management is reiterating the forecast for the full year.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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