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Telia cancels share buyback as service revenue continues lower

2019-10-17 09:17:00| Telecompaper Headlines

(Telecompaper) Telia has decided to cancel its share buyback programme, in order to save cash for investments and a possible economic downturn. While the group's third-quarter results showed a small improvement compared to the first half, acting CEO and former CFO Christian Luiga said service revenue was improving slower than expected and the outlook for operating cash flow in 2020 was less certain.

Tags: service share lower continues

 

Telia to re-assess position in Latvia after cooperation with govt stalls

2019-09-23 12:50:00| Telecompaper Headlines

(Telecompaper) The government of Latvia has informed Telia Company that it no longer intends to implement the memorandum of understanding on improving cooperation as shareholders in the mobile operator LMT and the fixed operator Tet. Telia Company said it will now reconsider its approach to investments in Latvia.

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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. 

Tags: company names acting ceo

 

Nokia hires former Ericsson, Telia exec Sjoman as new strategy chief

2019-08-22 08:57:00| Telecompaper Headlines

(Telecompaper) Nokia announced the appointment of Gabriela Styf Sjoman as its chief strategy officer and member of the group leadership team, effective 01 December. She joins from Telia and replaces Kathrin Buvac, who will continue as president of Nokia Enterprise and member of the group leadership team.

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Telia seeks new CEO as Dennelind quits

2019-08-06 02:00:00| Total Telecom industry news

Johan Dennelind has tendered his resignation as chief executive of Telia Company, but will remain in the post until the telco appoints a replacement, which will be sometime in 2020. The executive, who has held the top job at Telia since September 2013…read more on TotalTele.com »

Tags: ceo seeks quits telia

 

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