TeliaSonera cuts FY sales growth outlook

Tuesday 19 April 2011 | 08:33 CET | News
TeliaSonera lowered its outlook for full-year sales growth to 3 percent growth, after reporting weaker than expected first-quarter revenues. The operator previously forecast revenue growth, excluding currency effects and acquisitions, of 4 percent this year. The underlying sales growth was 2.5 percent in the first quarter, while reported sales fell 5.6 percent to SEK 24.74 billion. TeliaSonera said some of its Nordic mobile markets showed lower growth than in previous quarters as a result of regulatory effects, less handset sales and somewhat lower service revenues. The Baltic countries were

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