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Telia Company names CFO Luiga acting CEO

2019-09-11 16:06:00| Telecompaper Headlines

(Telecompaper) Telia Company announced the appointment of CFO Christian Luiga as acting CEO from 12 September. He replaces Johan Dennelind, who announced in August plans to step down. Dennelind will remain available as an adviser until he leaves the company in 2020 and to assist in closing the acquisition of Bonnier Broadcasting. 

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Category:Telecommunications

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Prosus shares jump 30 percent in Amsterdam listing

2019-09-11 10:32:00| Telecompaper Headlines

(Telecompaper) Naspers has listed its internet holding company Prosus on the Amsterdam stock market, and the shares rose an initial 30 percent from the reference price. The shares in the new company were spun off to existing Naspers shareholders and received an initial reference price of EUR 58.70. They opened on 11 September at EUR 76 and finished the first day of trading at EUR 74.19. This gives the company a market capitalisation of over EUR 120 billion. 

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Category: Telecommunications

 

 

Telefonica to monetise mobile towers portfolio 'within a year'

2019-09-11 09:30:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced that it intends to accelerate a plan to monetise its extensive tower portfolio as part of a strategy aimed at maximising shareholder value. The decision was taken after the company brought forward a board meeting by more than two weeks to discuss plans to continue reducing its debt pile, boost its share price and cut its workforce. 

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Category: Telecommunications

 

 

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