Monday, 28 May 2018

Telia issues Q2 profit warning on Uzbekistan writedown

By Nick Wood, Total Telecom
Monday 17 July 17

Telco to take SEK1.2 billion hit on operating income, SEK2 billion hit on net profit.

Telia has warned that second quarter earnings will take a hit mostly due to a writedown in Uzbekistan. The Sweden-based telco has slashed the risk-adjusted, debt-free value of its Ucell unit to SEK1…

Telia has warned that second quarter earnings will take a hit mostly due to a writedown in Uzbekistan. The Sweden-based telco has slashed the risk-adjusted, debt-free value of its Ucell unit to SEK1…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry