0
General

Telia lifts FY outlook after higher Q3 EBITDA, unveils Common Products, Services unit amid slow Swedish turnaround

Friday 19 October 2018 | 09:39 CET | News
Telia Company has revised its forecast for full year adjusted EBITDA upwards after a 1.8 percent year-on-year rise in third quarter local currencies and a 6.4 percent increase in reported currency to SEK 6.98 billion. Adjusted EBITDA is growing in six out of seven countries, with Finland, Norway and its central units the main drivers. Telia said it is "not happy" with the pace of turnaround in Sweden and will move some platforms and staff to a new Common Products and Services unit.

Thank you for visiting Telecompaper

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: General
Companies: Bonnier / Telia
Countries: Scandinavia
::: add a comment

Add comment

Please login or register to leave a 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

Telia slows decline in underlying results in Q2, sees better second half

Published 18 Jul 2019 09:20 CET | Scandinavia
Telia slowed somewhat the decline in results in the second quarter compared to Q1 and said it still expects a steady improvement ...

Klarna biedt authenticatieplatform aan derden

Published 05 Apr 2019 09:33 CET | Netherlands
Aanbieder van betaaldiensten Klarna heeft zijn Customer Authentication dienst beschikbaar gemaakt voor andere bedrijven. Dit ...

Telia maintains dividend after growth in underlying EBITDA, cash flow in 2018

Published 25 Jan 2019 07:31 CET | Scandinavia
Telia Company reported fourth-quarter sales up 4.9 percent to SEK 22.21 billion, helped by its takeover of Get and TDC's ...

Telia announces departure of board member Campbell

Published 18 Jan 2019 12:16 CET | World
Telia Company said that Susanna Campbell is leaving its board of directors effective immediately as she has been nominated to ...

Telia wins 3-year contract to supply network to Forex Bank throughout Nordic region

Published 28 Nov 2018 12:30 CET | Scandinavia
Telia Company said it has signed a three-year contract to provide a fibre-based data network to Forex Bank's operations in ...

Lattelecom revenue rises 8% in first 9 months

Published 20 Oct 2018 20:54 CET | Latvia
Consolidated revenue at Latvian fixed operator Lattelecom totaled EUR 152 million between January and September of this year, up ...

Telia Estonia revenues up 13% in Q3

Published 19 Oct 2018 15:15 CET | Estonia
Sale revenues at Telia Estonia reached SEK 790 million in the third quarter, up by 13.2 percent year-on-year, supported by growth ...

Telia Lithuania revenue rises 7% in Q3

Published 19 Oct 2018 15:10 CET | Lithuania
Revenue at Telia Lithuania totaled EUR 96.4 million in the third quarter, up by 6.7 percent year-on-year. EBITDA increased by 3.2 ...

Telia Denmark Q3 local currency service revenue falls 7%, EBITDA almost 5%

Published 19 Oct 2018 11:47 CET | Denmark
Telia Company said that service revenues dropped by 7 percent in local currency in Denmark in the third quarter and adjusted ...

Telia Norway Q3 local currency EBITDA rises 15% but mobile service revenue dips

Published 19 Oct 2018 11:19 CET | Norway
Telia Company said that adjusted EBITDA rose by 14.7 percent in local currency in the third quarter, thanks to Phonero synergies ...

Telia Finland Q3 EBITDA climbs 6.1% in local currency, thanks largely to lower OPEX

Published 19 Oct 2018 10:50 CET | Finland
Telia said that net sales in Finland said that net sales in local currency rose by 1.4 percent year on year in the third quarter ...

Telia Sweden Q3 EBITDA drops 5.5% after summer storms, service revenues fall 1.2%

Published 19 Oct 2018 10:16 CET | Sweden
Telia Company said that it is "not happy" with the pace of turnaround in Sweden, where net sales fell by 0.5 percent in the third ...

Telia Sweden overhauls organisational structure, brings in Klarna customer service head on 01 January

Published 01 Oct 2018 12:45 CET | Sweden
Telia Sweden has announced a new management team from 01 January in a bid to make the organisation more efficient. There will be ...

Swedish PM says inappropriate for partly state-owned Telia to own terrestrial TV channel

Published 20 Jul 2018 13:04 CET | Sweden | Update: 20 Jul 2018 14:51 CET
Telia Company's agreement to buy Bonnier Broadcasting for SEK 9.2 billion faces political scrutiny, according to the Swedish ...

Telia maintains FY outlook as revenues, profit improve in Q2

Published 20 Jul 2018 10:11 CET | Scandinavia
Telia Company reported revenues of SEK 20.81 billion for the second quarter, up 5.2 percent from a year earlier thanks to ...

Telia to acquire TV4, C More owner Bonnier Broadcasting for SEK 9.2 billion

Published 20 Jul 2018 09:01 CET | Sweden
Telia Company has confirmed an agreement to acquire Bonnier Broadcasting, including its Swedish channels TV4 and C More and the ...

Telia Lithuania to transfer 200 employees to new service centre

Published 01 Jun 2018 16:18 CET | Lithuania
Operator Telia Lithuania plans to transfer almost 200 of its staff members to Telia Global Services Lithuania (TGSL), reports ...