Telia Company, the Swedish multinational telco, has reported Q3 that revenue increased 4.3 per cent to SEK 21,997 million (€1,894.25m) and like for like, reve
Telefonica joins WBA as 150th member alongside a host of new operator and enterprise members, as Wi-Fi and cellular convergence drives momentum
London – December 7th, 2021: The Wireless Broadband Alliance (WBA) today announced that it had reached a new milestone in its nearly two-decade history, attracting its 150th member, Telefonica, to the organization.
As Telia revamps its IT, ServiceNow plays increasing role telecomtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecomtv.com Daily Mail and Mail on Sunday newspapers.
29.1.2021 08:00
Fourth Quarter Summary
Net sales grew 2.7 percent to SEK 23,464 million (22,838) and like for like[4], net sales declined 1.9 percent. Service revenues grew 4.0 percent to SEK 19,765 million (19,007) and like for like[4], service revenues declined 2.1 percent. Adjusted EBITDA declined 5.5 percent to SEK 7,477 million (7,914) and like for like[4], adjusted EBITDA declined 6.6 percent.
COVID-19 had an estimated negative impact of SEK 400 million and SEK 200 million on service revenues and adjusted EBITDA, respectively.
Operating income decreased to SEK -23,001 million (2,600) impacted by a capital loss from the disposal of Turkcell Holding of SEK -17,955 million, mainly related to reclassified accumulated foreign exchange losses which have no effect on total equity. The quarter was also impacted by an impairment of SEK -7,800 million related to goodwill in Finland.