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Telia starts cost cutting after drop in Q2 results

2017-07-20 08:52:00| Telecompaper Headlines

(Telecompaper) Telia Company reported lower results for the second quarter, hurt by weakness in its home market Sweden and writedowns on its remaining Eurasia activities. Telia said it hopes to sell the rest of the Eurasian activities by year-end and raised its outlook for full-year cash flow thanks to the divestments already completed.

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T-Mobile US raises outlook again after solid Q2

2017-07-20 08:36:00| Telecompaper Headlines

(Telecompaper) T-Mobile US raised its outlook for annual EBITDA and subscriber growth after reporting another quarter of strong results. The mobile operator now expects adjusted EBITDA of USD 10.5-10.9 billion in 2017, up from a previous estimate of USD 10.4-10.8 billion, and to add 3.0-3.6 million postpaid subscribers, more than the earlier outlook of 2.8-3.5 million.

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Tele2 raises outlook after strong Q2

2017-07-20 02:00:00| Total Telecom industry news

Tele2 on Wednesday raised its full year outlook following a strong second quarter financial performance. Revenue jumped 20% year-on-year to 7.99 billion kronor (€836.68 million), thanks largely to the acquisition of B2B provider TDC Sweden, and solid growth at its operating units in Kazakhstan and across the Baltics…read more on TotalTele.com »

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Tele2 raises FY EBITDA target after growth accelerates in Q2

2017-07-19 08:25:00| Telecompaper Headlines

(Telecompaper) Tele2 has raised its guidance for EBITDA this year, driven by improving results in its growth markets the Netherlands and Kazakhstan and success with its challenger programme in Sweden and the Baltic markets. The company now expects annual EBITDA of SEK 6.26.5 billion compared to previous guidance of SEK 5.96.2 billion, while the capex budget was trimmed to SEK 3.63.9 billion from SEK 3.84.1 billion.

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Ericsson seeks further savings after dismal Q2

2017-07-18 02:00:00| Total Telecom industry news

Ericsson on Tuesday pledged to make further cost reductions and warned that it expects the mobile equipment market to contract more than expected this year. The gloomy forecast was issued alongside a sorry set of financials that saw the Swedish kit maker swing to a second quarter net loss…read more on TotalTele.com »

Tags: savings ericsson seeks q2

 

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