Tele2 AB (OTCPK:TLTZF)
$ 17.34 -1 (-5.45%) Market Cap: 12.00 Bil Enterprise Value: 14.85 Bil PE Ratio: 11.30 PB Ratio: 5.01 GF Score: 78/100

Q3 2025 Tele2 AB Earnings Call Transcript

Oct 21, 2025 / 07:00 AM GMT
Release Date Price: $16.3

Key Points

Positve
  • End user service revenue grew by 2% in Q3, despite challenges from the discontinuation of Vauxhall TV terrestrial distribution in Sweden.
  • Underlying EBITDA increased by 11% during the quarter, driven by successful transformation efforts.
  • Equity-free cash flow was strong, totaling 1.8 billion SEK, a 60% increase from the previous year.
  • Completion of the 5G upgrade across the entire Swedish network, achieving 90% coverage and reaching virtually 100% of the Swedish population.
  • Recognized by Time Magazine as one of the world's best companies, highlighting employee satisfaction, growth, and transparency in sustainability.
Negative
  • The discontinuation of Vauxhall TV terrestrial distribution negatively impacted revenue growth.
  • Open network access fee inflation is a concern, with potential impacts on profitability.
  • CapEx to sales ratio guidance was lowered due to reprioritization and deferral of investments to 2026.
  • Continued decline in pre-paid mobile revenue, partially offsetting total mobile revenue growth.
  • Challenges in the fixed broadband market due to aggressive competition and escalating wholesale access fees.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TEL2b.ST - Tele2 AB
Q3 2025 Tele2 AB Earnings Call
Oct 21, 2025 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by. My name is Van and I will be your conference operator today. At this time, I would like to welcome everyone to the Talatu Q3 Interim report 2025.

All lines have been placed on mute to prevent any background noise.

After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, press 1 again.

Thank you. I would now like to turn the call over to Jean-Marc Haran, President and group CEO. Please go ahead.

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Unidentified_2 [2]
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