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General

Telia warns of hit to Q2 results on further Ucell writedown

Friday 14 July 2017 | 12:17 CET | News
Telia Company has warned for a negative impact on second-quarter profits, due mainly to a further writedown on the value of its Uzbekistan subsidiary Ucell, which it has been trying to sell. Cash flow meanwhile will show a positive benefit from a number of divestments in the period.

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Categories: General
Companies: Tcell / Telia / Turkcell / Ucell
Countries: Uzbekistan / World
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