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Telia Q4 profit down on Eurasia writedowns, dividend still up 15%

2018-01-26 08:49:00| Telecompaper Headlines

(Telecompaper) Telia Company reported a sharp fall in net profit for the fourth quarter, as the Swedish operator wrote down its holdings in Eurasia. The company took total impairment charges of SEK 3.850 billion on Azercell, Geocell, Ucell and Moldcell, leading to net profit of SEK 754 million for Q4, down from SEK 7.338 billion a year ago when it booked a profit on the sale of Spanish operator Yoigo. Separately, Telia announced a deal to sell its stake in Geocell. 

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SK Hynix's revenue grows 75%, profit jumps 260% in 2017

2018-01-25 09:17:00| Telecompaper Headlines

(Telecompaper) Fourth-quarter revenue amounted to KRW 9.03 trillion, up 69 percent year-on-year, and operating profit jumped 191 percent to KRW 4.47 trillion, with an operating margin of 49 percent. Net income for the quarter was KRW 3.22 trillion, an increase of 98 percent year-on-year.

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Pricing for Profit

2018-01-23 18:20:19| Electrical Construction & Maintenance

Exploring common challenges in overhead allocation/recovery in the construction industry

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Reliance Jio posts first profit since its inception

2018-01-22 01:00:00| Total Telecom industry news

Indian telecoms firm Reliance Jio has posted a profit in its quarterly reporting for the first time since it began its operations in September 2016. The company posted EBITDA of $412 million…read more on TotalTele.com »

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Carpetright shares crash on profit warning

2018-01-19 09:38:00| BBC News | Business | UK Edition

Shares in the retailer nearly halve after it suffers a "sharp deterioration" in UK trade.

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