0
Broadband

Eltel Q3 communications EBITA falls 40.6%, calls situation financially challenging

Wednesday 7 November 2018 | 12:56 CET | News
Stockholm-listed infrastructure equipment provider Eltel has reported a 9.8 percent drop in third quarter net sales to EUR 295.9 million from EUR 328.0 million a year earlier, with communications equipment sales declining 3.5 percent to EUR 180.2 from EUR 186.7 million. It said it is facing a financially challenging situation, but that profitability has increased slightly after the discontinuation and sale of loss-making operations.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Eltel
Countries: Scandinavia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Eltel Q4 communications arm net sales drop 3.9%, operative EBITA down 25%

Published 14 Feb 2019 13:29 CET | Sweden
Stockholm-listed infrastructure equipment provider Eltel said that fourth quarter net sales in its Communication division fell by ...

Eltel wins EUR 39 mln three-year contract from DNA

Published 17 Jan 2019 16:25 CET | Finland
Network infrastructure provider Eltel said it has signed a three-year renewal agreement worth approximately EUR 39 million with ...

Eltel appoints Otter to group management team

Published 10 Jan 2019 13:19 CET | Scandinavia
Network infrastructure provider Eltel said it has appointed Elin Otter to its group management team from 01 January. She joined ...

Eltel consortium extends fibre maintenance contract with TDC

Published 17 Dec 2018 14:31 CET | Denmark
Eltel says that its communication business in Denmark has extended an existing agreement as part of a consortium to establish ...

Eltel wins EUR 29 million, 3-year contract from Fibia

Published 19 Nov 2018 13:10 CET | Denmark
Network infrastructure provider Eltel said that its communication business in Denmark has signed a three-year FTTH framework ...

Eltel Sweden announces resignation of MD, creates new role of COO

Published 09 Oct 2018 14:06 CET | Sweden
Network infrastructure provider Eltel has announced the resignation of Peter Uddfors, group management team member and managing ...

Eltel appoints Lindholm as CEO from September

Published 16 Apr 2018 12:44 CET | Finland
Infrastructure network provider Eltel said it has appointed Casimir Lindholm as its new president and CEO from 01 September, ...

Eltel renews network maintenance contract with unnamed Finnish operator

Published 06 Feb 2018 14:04 CET | Finland
Eltel said it has renewed a framework agreement with an unspecified Finnish operator, worth approximately EUR 30 million. Eltel's ...

Bjare Kraft subcontracts fibre engineering work for 3 towns

Published 07 Jul 2017 12:46 CET | Sweden
Bjare Kraft Bredband said it has signed an agreement with Relacom, Peab and Eltel Networks for fibre connections to 3,000 rural ...

Eltel sells non-core arms, plans rights issue after Q4 loss

Published 21 Feb 2017 12:54 CET | World
Nordic infranet provider Eltel ended the fourth quarter with a net loss on slightly lower net sales, announced it would shed ...

Eltel wins Danish smart metering order

Published 11 Nov 2016 12:48 CET | Denmark
Nordic infranet provider Eltel has signed a contract with the utility Frederiksberg Forsyning in Copenhagen to build a wireless ...

Eltel enters outsourcing deal with Fujitsu for Nordics, UK

Published 24 Aug 2016 08:57 CET | Scandinavia
Eltel outsourced the management of its end-user services in the Nordic region and the UK to Fujitsu. Under the contract, Fujitsu ...

Eltel wins 3-year network deal from TDC worth EUR 50 mln

Published 21 Apr 2016 12:55 CET | Denmark
Eltel said it has signed a three-year agreement, as a partner in a joint venture with two other companies, to build and maintain ...

Eltel renews long-term contract with Orange Poland

Published 30 Jul 2015 13:31 CET | Poland
Danish group Eltel has won a tender for a three-year renewal of a contract with Orange Poland covering 12 of the 33 geographic ...

Eltel, Umoe cleared to merge Norwegian telecoms ops

Published 07 Feb 2014 13:34 CET | Norway
Eltel Group and Umoe, owner of Sonnico Tele, said they have won Norwegian Competition Authority approval for their plans to merge ...

ElTel helps restore Telenor services in Laerdal after fire

Published 31 Jan 2014 13:30 CET | Norway
ElTel Networks said it was instrumental in the restoration of Telenor Norway's services in Laerdal after the fire there in the ...





Calendar   /   Industry Events

23 Feb RSA Conference
25 Feb Infinera Q4 2019
25 Feb Iridium Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Orbcomm Q4 2019
26 Feb Box Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Masmovil Q4 2019
28 Feb Tecnotree FY 2019
28 Feb Freenet Q4 2019
02 Mar Boingo Wireless Q4 2019
02 Mar GTT Q4 2019
::: More Calendar Items