Reuters logo
Charges to weigh on TeliaSonera in fourth quarter
January 16, 2014 / 7:41 AM / 4 years ago

Charges to weigh on TeliaSonera in fourth quarter

STOCKHOLM, Jan 16 (Reuters) - TeliaSonera’s fourth-quarter profit will be weighed down by one-off items totalling 2.5 billion Swedish crowns ($386 million), mostly made up of non-cash writedowns, the company said on Thursday.

Sweden’s biggest telecom operator said it would make goodwill writedowns of a total of 1.17 bilion crowns in Denmark and Lithuania. It also said it would write down the value of its operations in Kazakhstan by 598 million.

Link to statement: r.reuters.com/juw95v ($1 = 6.4798 Swedish crowns) (Reporting by Sven Nordenstam; Editing by David Holmes)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below