Home › Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal
 

Keywords :   


Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

2020-03-26 13:43:00| Telecompaper Headlines

(Telecompaper) Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational free cash flow, and that it will reduce its dividend proposal to the AGM. This is because of the impact on Telia's television and media operations, while the effects on the rest of its business are currently limited. There could be an EGM in the autumn to vote on an extra dividend, the company added.

Tags: media hits virus proposal

Category:Telecommunications

Latest from this category

All news
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
06.032026 Crop insurance prices favor soybeans over corn
06.032026 Crop insurance prices favor soybeans over corn
05.03Pork industry titans inducted into NPPC Hall of Fame
05.03Parker honored with Paulson-Whitmore Award at National Pork Industry Forum
05.03Beef.com launches digital infrastructure blueprint
05.03Inside the beef market: Prices, policy, and meat inspection
05.03Oil prices, market impact from military strikes in the Middle East
05.03Oil prices, market impact from military strikes in the Middle East
More »