Elisa posts 7% rise in EBITDA for Q2’09 (Finland)

www.WirelessFederation.com/news: Elisa, the Finnish mobile operator, has posted higher Q2 earnings in line with the anticipations, driven by tighter cost controls, and repeated its outlook for 2009.
EBITDA rose by 7% on a yearly basis to 116 million euros ($163.5 million). Net sales dipped by 5% to 355 million euros.
“Elisa will determinedly continue to stimulate demand for its services and continue to drive productivity improvements of its operations,” the operator said.
“Likewise, capital expenditure will be actively controlled to a maximum 12 percent of revenue, and it may be reduced clearly if the general economy deteriorates further.”