Tele2 sales up 18% in Q4 after Swedish takeover

(Telecompaper) Tele2 reported higher sales and operating profit for the fourth quarter, driven by its takeover of TDC Sweden at the end of October. Revenues rose 18 percent to SEK 8.22 billion. On a like-for-like basis, sales were up 2 percent, led by a 6 percent increase in mobile service revenue to SEK 3.74 billion. EBITDA improved 9 percent to SEK 1.46 billion and was up 6 percent on a like-for-like basis. Neverthless, the bottom line was still in the red, at a loss of SEK 177 million versus