Tele2 Ab Class A · OMXSTO:TEL2_A
Tele2 Ab Class A — Merger or Acquisition (July 2014)
9 slides from Tele2 Ab Class A's merger presentation, Jul 7, 2014
Slide 1: Press and analyst presentation, July 7, 2014
July 7, 2014 Mats Granryd & Allison Kirkby
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains certain forward-looking statements that reflect the Company’s current views or expectations with respect to future events and financial and operational performance. The words “intend”, “estimate”, “expect”, “may”, “plan”, “anticipate” or similar
Slide 3: Key facts: Norway's third largest mobile operator
(‘000) Key facts 1,250 HQ at Helsfyr, Oslo 1,000 Norway’s third largest mobile operator Staff of 593 employees (including 425 FTEs and 168 consultants) 750 Mobile customer 1,182,000 customers (as per 31 Dec 2013) development 500 76.3% population coverage from own base stations Distributi
Slide 4: Attractive value, successful monetisation of Norwegian operations
• Enterprise value of SEK 5.1 billion, equivalent to a cash value of SEK 5.3 billion Attractive • 1.2x EV/Sales 2013, 42 x EV/EBITDA 2013 value • Capital gain of around SEK 2 billion Successful • Monetisation of Tele2’s years of investments and build-out of a successful business in monetisation of t
Slide 5: Agreement with TeliaSonera to sell Tele2 Norway announced
7 July 2014: Agreement with TeliaSonera to sell Tele2 Norway announced The transaction is subject to approval from the Norwegian Competition Authority. An approval is expected at the latest Q1 2015
Slide 6: Norway impact: Relationship between Tele2 Norway and TeliaSonera going forward
Key financials Norway impact: FY 13 FY 13 FY 13 Q1 14 Q1 14 Q1 14 13 percent of total sales SEK million Reported Norway Excl. Norway Reported Norway Excl. Norway 11 percent of total assets* Income statement Net sales 29,871 4,114 25,757 7,108 956 6,152 EBITDA 5,990 121 5,869 1,381 22 1,359 Relations
Slide 7: Access is our Core Business
Access is our Core Scale & Efficiency Owning customer Partnerships to Business are key to our relationship is add value to our profitability crucial to secure customers our position in Value Chain 7
Slide 8: Collectively offering above average returns for shareholders
: 1. Challengers focused on ARPU growth, retaining customers, cash generative, maintenance CapEx and efficient OpEx structure 2. Newcomer businesses with high potential, past their CapEx peak, focused on subscriber acquisition 3. Greenfield opportunities in developing markets with high CapEx require
Slide 9: THE
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