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General

TeliaSonera to consider Yoigo sale

Thursday 17 July 2014 | 10:31 CET | News
Spanish mobile operator Yoigo reported a significant year-on-year decline in its net sales in local currency of 19.3 percent to the equivalent of SEK 1.81 billion in the second quarter of 2014, a result that forced parent company TeliaSonera to cut its full-year revenue outlook. The fall was mainly due to reduced handset sales, which almost halved to SEK 385 million compared to the second quarter of 2013, with lower interconnect revenues and billed ARPU erosion also playing a part. Commenting on the results, TeliaSonera CEO Johan Dennelind said Yoigo remained "sub-scale" with a market share

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Categories: General
Companies: Telia / Yoigo
Countries: Spain
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