0
General

Telia raises dividend after strong cash flow, to write down Finland business

Wednesday 20 January 2021 | 08:55 CET | News
Telia Company announced preliminary annual results showing cash flow exceeded its outlook. As a result, the company is raising its dividend to SEK 2.00 per share from SEK 1.80 last year. The company said it would also take a non-cash impairment charge of SEK 7.8 billion for its Finnish operators in the Q4 2020 results.

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: Telia
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

Telia Finland says Q4 results hit by lower fixed and roaming revenue, C More TV service gets good early reception

Published 29 Jan 2021 11:19 CET | Finland
Telia Finland suffered declines in net sales, service revenues and EBITDA in the fourth quarter of 2020, with fixed service ...

Telia announces strategy to boost EBITDA by cutting opex, sets up Telia Asset Management

Published 29 Jan 2021 10:00 CET | Europe
Telia Company said as it released its fourth quarter and full-year results for 2020 that it is updating its strategy to create a ...

Last week in telecoms: Infrastructure JV trend continues with Telefonica, Deutsche Telekom, Orange

Published 25 Jan 2021 10:58 CET | World
Infrastructure was a central theme in the past week. More and more operators are choosing joint ventures in order to cover ...

Telia EGM votes in favour of restoring dividend to SEK 2.45

Published 02 Dec 2020 14:36 CET | World
Telia Company said shareholders voted by post at its extraordinary general meeting (EGM) on 02 December to restore the extra ...

Telia says encouraged as Q3 EBITDA changes little, appoints new head of brands

Published 21 Oct 2020 10:45 CET | Scandinavia
Telia Company called its third quarter results "encouraging" as EBITDA was only slightly weaker year on year, and it expects ...

Telia sells Telia Carrier to pensions investor Polhem Infra for SEK 9.45 bln, restores dividend

Published 06 Oct 2020 09:30 CET | World
Telia Company said that it has agreed to sell its international operation Telia Carrier to pensions investment firm Polhem Infra ...

Telia posts Q2 loss on Turkcell sale, underlying sales fall 6% on Covid impact

Published 17 Jul 2020 09:28 CET | Scandinavia
Telia Company reported a net loss of SEK 2.03 billion for the second quarter, compared to a profit of SEK 1.65 billion a year ...

Telia Q1 results drop as Covid-19 measures hit TV results

Published 22 Apr 2020 09:28 CET | Scandinavia
Telia Company reported a drop in underlying results for the first quarter, as the Covid-19 outbreak weighed on its TV and media ...

Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

Published 26 Mar 2020 13:43 CET | World
Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational ...

Telia raises dividend 4% after growth in FY results, sees lower cash flow in 2020

Published 29 Jan 2020 09:33 CET | Scandinavia
Telia Company increased its annual dividend by 3.8 percent to SEK 2.45 per share, after meeting its outlook for an increase in ...





Calendar   /   Industry Events

01 Mar Embedded World Digital
03 Mar Vivendi Q4 2020
03 Mar Marvell Technology fiscal Q4
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
10 Mar MTN FY results
10 Mar Verizon Investor Day
::: More Calendar Items