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Turkcell confirms bid for TeliaSonera stake in Fintur
2016-02-29 12:22:00| Telecompaper Headlines
(Telecompaper) Turkcell announced that its board approved a binding offer for buying TeliaSonera's stake in their Eurasian joint venture Fintur. Fintur includes mobile operators in Kazakhstan (Kcell), Azerbaijan (Azercell), Moldova (Moldcell) and Georgia (Geocell) and is already 41.45 percent owned by Turkcell. The Turkish oeprator said it would make an offer for TeliaSoner'a 58.55 percent in Fintur and the 24 percent TeliaSonera holds directly in Kcell. The company did not disclose any financial details of the bid. TeliaSonera announced in September 2015 that it plans to exit the Eurasian markets in order to concentrate on its Nordic operations.
Tags: bid
stake
confirms
turkcell
Turkcell submits binding bid for TeliaSonera Eurasia ops
2016-02-29 01:00:00| Total Telecom industry news
Turkish mobile operator aims to take control of Fintur and TeliaSonera's direct stake in Kazakhstan's Kcell.
TeliaSonera preparing EUR 600 mln Yoigo sale - report
2016-02-26 09:31:00| Telecompaper Headlines
(Telecompaper) TeliaSonera has signed up Deutsche Bank to prepare the sale of its 77 percent stake in Spanish mobile unit Yoigo, according to unnamed sources cited by business daily Expansion. The report adds that TeliaSonera expects to receive bids of around EUR 600 million in the coming weeks, with rival operator Masmovil Ibercom and Zegona, the investment vehicle that last year acquired regional broadband operator Telecable, said to be most interested in Spain's number four operator. After nine years of activity in Spain, Yoigo still boasts over 3.4 million customers but its relatively low market share of just over 6 percent remains a concern to the Swedish parent company.
Tags: report
sale
eur
preparing
TeliaSonera predicts 150m Nordic IoT connections by 2020
2016-02-19 01:00:00| Total Telecom industry news
Sweden-based telco expects region's IoT market to be worth 11.6 billion in five years.
Tags: connections
nordic
predicts
150m
TeliaSonera forecasts stable EBITDA in 2016
2016-01-29 08:51:00| Telecompaper Headlines
(Telecompaper) TeliaSonera reported fourth-quarter sales from continuing operations up 5.9 percent to SEK 22.655 billion. Service revenues in local currencies, excluding acquisitions and disposals, grew 1.1 percent. Adjusted EBITDA rose 11.1 percent to SEK 6.556 billion, and the margin improved to 28.9 percent from 27.6 a year ago. The company's net result was a loss of SEK 3.010 billion or SEK 0.70 per share, compared to a profit of SEK 2.938 billion or SEK 0.68 per share a year earlier, due to writedowns of SEK 7.20 billion, mainly on the activities in Eurasia up for sale. Over the full year, organic EBITDA was up 0.1 percent, better than the company's forecast for a small decline, while organic revenue growth was 2.4 percent over all of 2015. TeliaSonera said it targets stable organic EBITDA again in 2016, while the high level of investment will also continue, due to the accelerated roll-out of fibre in Sweden and restructuring of legacy IT and product systems in order to reduce costs.
Tags: stable
forecasts
ebitda
teliasonera
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