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Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

2020-03-26 13:43:00| Telecompaper Headlines

(Telecompaper) Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational free cash flow, and that it will reduce its dividend proposal to the AGM. This is because of the impact on Telia's television and media operations, while the effects on the rest of its business are currently limited. There could be an EGM in the autumn to vote on an extra dividend, the company added.

Tags: media hits virus proposal

Category:Telecommunications

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Huawei CEO says R&D push to help offset US sanctions, virus impact

2020-03-26 10:23:00| Telecompaper Headlines

(Telecompaper) Huawei CEO and founder Ren Zhengfei has acknowledged the company's sales are suffering outside China due to the US sanctions as well as the spread of the coronavirus. However, in interviews with the Wall Street Journal and South China Morning Post, he said the company had quickly resumed production in China and was spending heavily on R&D to ensure it maintains its technological lead. 

Tags: us impact virus push

Category: Telecommunications

 

 

Telia Norway launches fixed wireless broadband with outdoor receiver and Zyxel Wi-Fi 6 router

2020-03-26 09:37:00| Telecompaper Headlines

(Telecompaper) Telia Norway has announced the launch of fixed wireless broadband, running on its 4G network and ready to upgrade to 5G before long. It offers service at 25 Mbps, 50 Mbps and 75 Mbps at a set monthly price, although Telia did not state what this was. Telia supplies a dedicated outdoor receiver, indoor Wi-Fi 6 router from Zyxel, and its own Trygg pa Nett security service.

Tags: outdoor fixed wireless norway

Category: Telecommunications

 

 

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