Alltele reported earnings results for the first quarter of 2014. The company reported revenues of SEK 229.1 million in the first quarter of 2014, up from SEK 173.0 million last time, or up from SEK 78.4 million compared with 'Old Alltele', the entity that it was before its reverse takeover of Universal Telecom last year. Normalised EBITDA was SEK 32.4 million, up from SEK 3.5 million a year earlier, or up from SEK 25.3 million pre-merger.

Net profit for the first quarter was SEK 18.4 million, an improvement from the SEK 31.7 million net loss it reported a year ago, but down from the SEK 24.0 million net profit for old Alltele.