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General

TeliaSonera sets out new capex plan, dividend policy

Tuesday 30 September 2014 | 12:25 CET | News
TeliaSonera said on the occasion of its 2014 Capital Markets Day that it is replacing its current dividend policy with a target to distribute an annual dividend of at least SEK 3 per share for the fiscal years 2014 and 2015. It said continuous capital expenditure (capex) in its core operations is expected to be around 15 percent of service revenues in the next two years. TeliaSonera will invest total accumulated capex of up to SEK 6–7 billion in 2015–2016 in two main areas.

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Categories: General
Companies: Telia
Countries: World
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