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TeliaSonera says to book 7.2 bln SEK of impairment charges in Q4
2016-01-14 10:29:07| IT Services - Topix.net
Jan 14 Nordic telecom operator TeliaSonera said on Thursday it will book 7.2 billion Swedish crowns in non-cash impairment charges mainly related to Uzbekistan in the wake of its decision to gradually exit the Central Asian market. TeliaSonera said in a statement it would take an impairment charge of 5.3 billion crowns in the fourth quarter related to its operations in Uzbekistan and that its business in the region, which it calls Eurasia, would be reported as discontinued operations.
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charges
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impairment
Norway police drop tax charges against oil rig firm Transocean
2016-01-14 08:35:34| Oil & Gas - Topix.net
Jan 14 Norwegian police said on Thursday they have dropped a planned appeal in a decade-long tax fraud case against Swiss-based offshore drilling firm Transocean , declaring that the company and its advisers are now considered innocent. Transocean and three individuals were acquitted by Oslo's district court in July 2014, and the prosecution's demand for 1.8 billion Norwegian crowns in damages was dismissed.
TeliaSonera takes SEK 7.2 bln charges for Eurasia, Denmark
2016-01-14 08:12:00| Telecompaper Headlines
(Telecompaper) TeliaSonera will report its Region Eurasia as discontinued operations in its full-year results and will be taking impairment charges totaling SEK 7.2 billion related to operations in Uzbekistan and Denmark. The news is part of the company's strategy to gradually pull out of Region Eurasia, which will be reported as held for sale. As a result, the operating profit for the fourth quarter will include a one-off non-cash charge of SEK 5.3 billion related to the company's operations in Uzbekistan and another of SEK 1.9 billion for operations in Denmark, following the company's withdrawal from the proposed joint venture with Telenor in Denmark.
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charges
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TeliaSonera names Olsson COO, charges him with Global Services & Operations
2016-01-12 10:26:10| IT Services - Topix.net
Sweden's TeliaSonera has named Anders Olsson to its leadership team, making him chief operating officer and head of Global Services & Operations. He was executive VP of Strategic Projects at Tele2 , which he joined in 1997.
Tags: services
global
names
operations
TeliaSonera names Olsson COO, charges him with Global Services & Operations
2016-01-12 09:53:37| Telecom - Topix.net
Sweden's TeliaSonera has named Anders Olsson to its leadership team, making him chief operating officer and head of Global Services & Operations. He was executive VP of Strategic Projects at Tele2 , which he joined in 1997.
Tags: services
global
names
operations
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