Friday, 17 November 2017

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…

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