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Telia asked to cough up $1.4bn to settle Uzbekistan probe

2016-09-15 02:00:00| Total Telecom industry news

Sweden-based operator surprised by size of settlement proposed by U.S., Dutch authorities.

Tags: asked probe uzbekistan settle

 

Telia divests stake in Tajik operator Tcell

2016-09-07 09:43:00| Telecompaper Headlines

(Telecompaper) Telia agreed to sell its 60 percent holding in Central Asian Telecommunications Development, which controls the Tajikistan operator Tcell, to the Aga Khan Fund for Economic Development (AKFED). AKFED is already a minority owner in Central Asian Telecommunications Development with a 40 percent holding. The transaction is expected to close by the end of 2016 and is subject to regulatory approvals in Tajikistan. The deal gives Tcell an enterprise value of USD 66 million.

Tags: operator stake telia tajik

 
 

Telia sells Tajikistan business for $39m

2016-09-07 02:00:00| Total Telecom industry news

Sweden-based telco strikes deal with minority Tcell shareholder as Eurasia exit rumbles on.

Tags: business tajikistan sells 39m

 

Chromecast supports Telia streaming services

2016-08-29 17:00:24| Digital TV News

Telia customers can now enjoy an even simpler and more flexible streaming experience as the TV streaming services in Sweden, Finland and Denmark will work with Google Chromecast. Chromecast is a line of digital media players developed by Google.

Tags: services supports streaming telia

 

Telia grows Q2 EBITDA 4%, still sees small FY increase

2016-07-20 08:59:00| Telecompaper Headlines

(Telecompaper) Telia has maintained its full-year outlook for flat to slightly higher comparable EBITDA in 2016, despite growth of over 7 percent in the first half of 2016. The company said it saw a solid first six months, but expects a more difficult comparison for results in the second half. For the second quarter, the company saw earnings growth in seven of its eight continuing markets. While net sales fell 2.0 percent to SEK 21.13 billion, comparable EBITDA rose 4.1 percent to SEK 6.39 billion. Net profit from continuing operations was up 34.8 percent year-on-year to SEK 2.85 billion, but the continued weakness at the Eurasia operations up for sale meant the result for shareholders dropped 55.8 percent to SEK 1.44 billion.

Tags: small increase sees grows

 

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