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More Exec Changes at TeliaSonera

2014-05-02 15:24:17| IT Services - Topix.net

Henriette Wendt has been appointed Head of Group Corporate Development. It is a new function and part of TeliaSonera's Group Executive Management with responsibility for, among other things, strategy, business development, mergers and acquisitions across the group.

Tags: exec teliasonera

 

TeliaSonera poaches Swisscom strategy head

2014-05-02 12:31:00| Telecompaper Headlines

(Telecompaper) TeliaSonera said it is appointing Henriette Wendt as head of group corporate development, Karin Eliasson is leaving her position as head of group human resources, and Ingrid Stenmark has been appointed as head of the CEO Office. Wendt is currently head of corporate strategy and participation management at Swisscom and will join TeliaSonera at the end of August at the latest.

Tags: head strategy swisscom teliasonera

 
 

More management changes at TeliaSonera

2014-05-02 02:00:00| Total Telecom industry news

Swisscom executive joins Nordic operator in new post overseeing strategy and M&A.

Tags: management teliasonera

 

Sweden's TeliaSonera Can't Seek $932 Million Cukurova Award in U.S.

2014-04-26 21:34:08| Appliances - Topix.net

TeliaSonera AB , Sweden 's largest phone operator, was barred from enforcing a $932 million Swiss arbitration award in the U.S. over a botched sale of a stake in Turkcell Holding AS, which controls Turkey 's biggest mobile-phone service.

Tags: us million award seek

 

TeliaSonera Q1 results lower, still sees stable FY

2014-04-23 10:12:00| Telecompaper Headlines

(Telecompaper) TeliaSonera reported a small drop in first-quarter results, as growth in mobile data and fibre broadband was unable to offset the continued erosion in voice and SMS revenues. Sales fell 2.5 percent from a year earlier to SEK 23.97 billion and were down 1.8 percent excluding forex and acquisition and disposal effects. Adjusted EBITDA fell 1.9 percent to SEK 8.35 billion, while the margin improved slightly, to 34.8 percent from 34.6 a year ago. Net profit was 4.0 percent lower at SEK 3.95 billion, but free cash flow improved 5.9 percent to SEK 5.56 billion, thanks to lower capital expenditure. The operator blamed the weaker results on the ongoing shift in consumer behaviour towards IP-based communications, as well as a reduction in low-margin equipment sales and regulatory cuts to termination rates. Based on the new organisational structure in place since 01 April, the company plans to focus on strengthening its position in existing markets, with M&A limited to consolidation opportunities. This will include continued investment in 4G and fibre in the Nordic markets and capitalising on data monetisation and expansion in adjacent industries in the Baltic markets. TeliaSonera maintained its outlook for stable organic revenues and adjusted EBITDA margin this year, but said there is some downside risk to revenue from reduced equipment sales. Capex is still projected at around 15 percent of revenue over the full year, after 10.8 percent in Q1. 

Tags: results lower stable sees

 

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