OREANDA-NEWS. Tele2 Russia, an alternative mobile operator, has reported consolidated 2Q13 financial and operating results.

In 2Q13, the company showed a steady growth of key financials:

 • Operating revenue increased 12% compared to 2Q12 and totaled RUB16.4 billion;

 • All-Russia EBITDA equaled RUB5.9 billion, having added 11% against the same period last year. EBITDA margin totaled 36.3%;

 • Investment in IT infrastructure and technical development totaled RUB1.4 billion in 2Q13.

Indicator (bn RUB) Q2 2012 Q2 2013  Change
Operating revenue  14.6 16.4 12%
EBITDA  5.4 5.9  11%
EBITDA margin  36.6% 36.3% -20bps
CAPEX  2.2  1.4 -39%
Free cashflow 2.9 4.2  45%

In 2Q13 года Tele2 Russia improved its key operating results:

 • Subscriber base added 7% compared to 2Q12 bringing a total number of Russian clients up to 23 235 thou;

 • Ruble-denominated average revenue per user (ARPU) increased 3% compared to the same period last year and totaled RUB237;

 • Minutes of use (MoU) totaled 271 on average in Russia, the number gained 4% compared to 2Q12

Indicator Q2 2012 Q2 2013  Change
Subscriber base, mn 21.6  23.2  7%
ARPU (rubles) 229 237  3%
MoU (minutes)  262  271  4%


Aleksandr Provotorov, Tele2 Russia president and CEO:

 “Despite the overall market slowdown, Tele2 has exhibited impressive financial and operating results. While maintaining strong marginality, the company is building up its subscriber base. In 2Q13 Tele2 connected a 23-million user. Tele2 Russia acquired a regional player Kodotel in an M&A deal – the first one for the last two years. We are striving to keep a positive dynamics and strengthen the company’s stance in Russia”.