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General

TeliaSonera cuts FY outlook on mobile slowdown

Wednesday 18 July 2012 | 09:20 CET | News
TeliaSonera lowered its outlook for the full year due to a slowdown in key mobile markets. The operator now expects organic sales flat to 1 percent higher, versus an earlier outlook for 1-2 percent growth. Underlying sales growth slowed from 2.9 percent in Q1 to zero in the second quarter. On a reported basis, the mobile division posted sales down 2.3 percent to SEK 12.58 billion, and the broadband division dropped 0.8 percent to SEK 9.09 billion. The Eurasia activities continued to grow, up 18.9 percent to SEK 4.93 billion. The company forecast an adjusted EBITDA margin slightly lower over

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Categories: General
Companies: MegaFon / Telia
Countries: Europe / Scandinavia
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