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Tag: teliasonera
TeliaSonera sees risks in Eurasia as profit drops
2015-07-17 11:05:08| Appliances - Topix.net
Sweden's main telecom operator TeliaSonera AB on Friday said it expects risks in Eurasia, one of its main growth regions, to increase this year and remain challenging but for the overall earnings trend to improve somewhat in the second half of the year. Net profit at the Stockholm-based firm fell 8.2% to 3.26 billion Swedish kronor from SEK3.55 billion in the same period a year ago, undershooting a median forecast for SEK3.66 billion according to analysts polled by FactSet.
TeliaSonera organic service revenue, EBITDA lower in Q2
2015-07-17 09:07:00| Telecompaper Headlines
(Telecompaper) TeliaSonera reported second-quarter sales up 8.5 percent year-on-year to SEK 21.1 billion, helped by its acquisition of Tele2 Norway and currency effects. Excluding currency effects, acquisitions and disposals, total sales increased 1.9 percent, while service revenues were down 1.3 percent. Adjusted EBITDA was up 4.0 percent on a reported basis but down 4.0 percent on an organic basis, to SEK 9.2 billion. The margin fell 33.9 percent from 35.4 a year ago. Adjusted operating profit declined 7.6 percent to SEK 5.9 billion, and net profit was down 8.1 percent to SEK 3.3 billion. Free cash flow increased strongly to SEK 6.3 billion from SEK 2.5 billion, thanks to dividends of SEK 4.7 billion from Turkcell. TeliaSonera said it expects the earnings trend to improve somewhat in the second half of the year and reiterated its full-year outlook for stable organic EBITDA. However, the company noted increased risks to performance in Eurasia due to the difficult economic climate and currency fluctuations. Capital expenditure is estimated at SEK 17 billion over the full year, excluding licence and spectrum fees, after spending SEK 8.3 billion in the first six months.
Tags: service
lower
revenue
organic
Eurasia to challenge TeliaSonera in 2H
2015-07-17 02:00:00| Total Telecom industry news
Swedish telco published Q2 numbers, sticks with full-year guidance.
Tags: challenge
eurasia
teliasonera
TeliaSonera shakes up executive management
2015-06-25 09:04:00| Telecompaper Headlines
(Telecompaper) In an executive management shake-up, TeliaSonera has named Helene Barnekow its new EVP Sweden. Malin Frenning will take on a new role as SVP overseeing technology and transformation while CTO Sverker Hannervall will leave. Barnekow has been with TeliaSonera since April 2014 as head of Group Commercial. She previously worked for EMC, SonyEricsson and Ericsson. Frenning will oversee Group Technology and the ongoing transformation programme called "Invest to save". She has a long background in TeliaSonera and Telia. Hannervall will leave TeliaSonera after seven years in group executive management in various positions. During his notice period of twelve months, he will remain as a senior adviser to CEO and GEM in ICT related strategic matters. For Group Commercial, Jonas Hasselberg and Jannike Gruner will be co-acting group CCO and for group Technology, Staffan Akesson will be acting group CTO. All changes will go into effect on 1 July.
Tags: management
executive
shakes
teliasonera
Telenor, TeliaSonera stick to their guns on Denmark merger, despite EU objections
2015-06-24 02:00:00| Total Telecom industry news
Telcos say their tie-up will be beneficial to competition in Denmark as it will stimulate investment.
Tags: stick
denmark
guns
merger
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