Net sales of the mobile operator Tele2 Kazakhstan fell to SEK 350 million in the first quarter from SEK 399 million a year ago, impacted by the devaluation in the local currency. EBITDA improved to SEK 6 million from breakeven in Q1 2015. The joint venture between Tele2 and Kazakhtelecom’s mobile businesses in Kazakhstan was completed in February, and the reported figures included one month of the acquired company Altel.
All posts tagged: Tele2
Tele2 Launches 4G Connectivity for M2M
Sweden-based Tele2 Group has announced the launch of 4G Long Term Evolution (LTE) connectivity for Machine-to-Machine (M2M) and Internet of Things (IoT) implementations. The firm claims to be only the second operator worldwide to introduce 4G technology for M2M/IoT connections, with services available via Tele2 subsidiaries as well as roaming partners. It says the higher speeds, increased stability and improved response times offered by LTE will enable new usage scenarios such as CCTV with HD streaming, infotainment systems in cars, or connected advertisements.
Tele2 Kazakhstan Switches On 4,000th Base Station
Mobile operator Tele2 Kazakhstan has announced that it has switched on its 4,000th base transceiver station (BTS); the new cell tower is situated in the town of Saran in the Karaganda region. After rolling out more than 500 BTS in 2014, on top of 595 in 2013, Tele2 claims that it now offers cellular coverage to 85% of the population.
Tele2 Kazakhstan Introduces Payments over Qiwi
Mobile operator Tele2 Kazakhstan has signed a payments agreement with the Qiwi payment system. Subscribers will be able to pay for operator services without commission from the terminals. Payments over the Qiwi system currently form around 50 percent of all payments for services from the operator. Qiwi owns around 175,000 terminals in the CIS countries.