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General

Telia Sweden Q4 sales drop as fixed service revenues fall amid slow fibre roll-out

Friday 26 January 2018 | 10:43 CET | News
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Telia Company said that net sales in Sweden declined by 2.6 percent in the fourth quarter to SEK 9.71 billion from SEK 9.98 billion in the same quarter of 2016, as fibre roll-out remained slow. It said its Telia Life converged service strategy gained traction during the quarter and now has almost 70,000 customers. Measures to reduce costs were successful but were insufficient to prevent a decrease in adjusted EBITDA.

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Categories: General
Countries: Sweden
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