Telecom Lead Europe: Tele2 is planning Capex (capital expenditure) of around $923 million (SEK 6,000 million) in 2013.
Out of this, Tele2 Norway expects Capex of between SEK 900 – 1,000 million.
Tele2 Netherlands will invest between SEK 2,000 – 2,500 million as Capex, while licenses for 4G/LTE will cost around SEK 1,400 million. The mobile operations in Netherlands should reach EBITDA break-even 3 years after commercial launch of 4G/LTE services.
In 2013, Tele2 expects total revenue of between SEK 10,100 – 10,300 million. Tele2 targets EBITDA of between SEK 2,900 – 3,100 million. The tax payment will affect cash flow by approximately SEK 1,000 million.
Recently, Tele2 said its objective is to maintain a healthy balance between growth regions and more mature markets and to be established in Europe and Eurasia.
Tele2 is targeting to achieve top 2 position in terms of customer market share, in an individual country or region.
The company says a mobile operation based on own infrastructure should return at least 35 percent EBITDA margin excluding equipment sales. All operations in the group should have at least 24 percent return on capital employed (ROCE).
Meanwhile, Tele2 recently said its Net sales amounted to SEK 11,275 (10,852) million corresponding to a growth excluding exchange rate difference of 6 percent in the quarter. EBITDA in Q4 2012 amounted to SEK 2,672 (2,873) million, equivalent to an EBITDA margin of 24 (26) percent.
In Q4 2012, Tele2 Russia added 373,000 (250,000) customers, resulting in a total customer base of 22.7 (20.6) million. EBITDA amounted to SEK 1,243 (1,209) million, equivalent to an EBITDA margin of 37 (40) percent.
