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Tag: divestments
Telenor raises dividend after divestments boost Q4 profits, targets stable results in 2021
2021-02-02 09:39:00| Telecompaper Headlines
(Telecompaper) Telenor increased its annual dividend to NOK 9.0 per share from NOK 8.7 in 2020, after a strong improvement in profits, supported by cost-cutting and divestment proceeds...
Tags: results
stable
targets
boost
Telefonica confirms it is considering Central American divestments
2019-01-24 01:00:00| Total Telecom industry news
Spanish telecoms giant, Telefonica, has confirmed that it is in talks to divest its assets in Central America. Spanish language newspaper El Economista reported early last week that Telefonica was in talks to sell off its assets in El Salvador and Guatemala for around $600 million…read more on TotalTele.com »
Tags: american
central
confirms
telefonica
Diageo poised to make next non-core brand divestments
2018-05-24 16:08:00| Daily beverage news and comment - from just-drinks.com
Diageo is looking to offload a raft of non-premium spirits brands in the US, just-drinks understands, as the group continues to hive off its non-core assets.
Tags: make
brand
poised
diageo
Telia posts Q1 loss on divestments, starts share buyback as cash flow improves
2018-04-20 08:23:00| Telecompaper Headlines
(Telecompaper) Telia reported a net loss of SEK 600 million for the first quarter, versus a profit of SEK 7.05 billion a year ago, due to losses on divestments in central Asia. Revenues were still up 3.2 percent to SEK 19.85 billion, and adjusted EBITDA rose 7.4 percent to SEK 6.50 billion. Telia also announced plans to buy back SEK 5 billion in shares over the next three years.
Telia to continue cost cutting, divestments as Q3 organic sales drop 0.5%
2017-10-19 08:50:00| Telecompaper Headlines
(Telecompaper) Telia reported sales down 8.8 percent to SEK 19.628 billion in the third quarter, hurt by divestments and a slowdown on the Swedish fibre market. On an organic basis, sales fell 0.5 percent, and service revenue was down 0.9 percent. The ongoing weakness means the company will continue to focus on cost reductions, the operator said.
Tags: sales
cost
continue
drop