Tuesday, 06 December 2016

TeliaSonera looks for M&A as Q1 numbers fall

By Mary Lennighan, Total Telecom
Wednesday 23 April 14

Swedish telco's Q1 sales, profits down as customer behaviour changes.

TeliaSonera reported that net sales and net profit fell in the first quarter of this year and retained its guidance of flat sales and a static EBITDA margin for the full year. The Swedish incumbent sees consolidation opportunities in the markets in which it operates, but CEO Johan Dennelind did not elaborate on possible locations. "Geographically, focus remains on the markets where we are already present…

TeliaSonera reported that net sales and net profit fell in the first quarter of this year and retained its guidance of flat sales and a static EBITDA margin for the full year. The Swedish incumbent sees consolidation opportunities in the markets in which it operates, but CEO Johan Dennelind did not elaborate on possible locations. "Geographically, focus remains on the markets where we are already present…

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