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TeliaSonera lowers FY outlook on weakness in Kazakhstan

2015-10-20 08:48:00| Telecompaper Headlines

(Telecompaper) TeliaSonera lowered its outlook for full-year organic EBITDA after reporting a slightly lower result for the third quarter. The company previously expected stable organic revenue and EBITDA this year, but now sees EBITDA coming in slightly lower. In the third quarter, organic sales increased 2.4 percent, while EBITDA excluding one-time items, currency effects and acquisitions and disposals declined 0.9 percent. The operator blamed the decline on its operations in Eurasia, and in particular Kazakhstan where it's suffering from intense price competition. This was offset by positive organic EBITDA growth in its home market Sweden and the rest of Europe. On a reported basis, net sales increased 6.3 percent to SEK 27.029 billion, and adjusted EBITDA rose 3.1 percent to SEK 9.730 billion, leading to a lower margin of 36.0 percent compared to 37.1 a year ago. Net profit improved 12.7 percent to SEK 4.589 billion, while free cash flow fell to SEK 4.699 billion from SEK 6.387 billion, mainly due to delayed dividends from Megafon. TeliaSonera said it expects continued improvement in the region Sweden and Europe in Q4, but Eurasia and Kazakhstan will remain difficult. The company maintained planned capital expenditure this year at SEK 17, excluding licence and spectrum fees.

Tags: outlook kazakhstan weakness lowers

TeliaSonera reports 3Q 2015 results

2015-10-20 07:00:41| Digital TV News

TeliaSonera has released its Interim Report for the JanuarySeptember 2015 period. The total number of TV subscribers for the Group increased by 17 thousand in the third quarter to pass 1.6 million.

Tags: results reports teliasonera

TeliaSonera cuts full-year profit outlook as Q3 sales inch up

2015-10-20 02:00:00| Total Telecom industry news

Swedish telco again defends its financial reporting in wake of Muddy Waters criticism.

Tags: up sales profit inch

TeliaSonera Said to Revive Sale of Spanish Mobile Unit Yoigo

2015-10-19 19:41:16| Appliances - Topix.net

Teliasonera AB is reviving plans to sell its Spanish mobile-phone unit Yoigo SA after receiving interest from local telecommunications provider A sale of Yoigo could fetch about 500 million euros , the people said, asking not to be identified because the discussions are private. One or more buyout firms may bid alone, or by teaming up with Masmovil, the people said.

Tags: sale mobile unit spanish