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Eltel AB (ELTEL.ST)

ELTEL.ST on Stockholm Stock Exchange

23.88SEK
17 Aug 2018
Change (% chg)

-0.06kr (-0.25%)
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23.60kr
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Latest Key Developments (Source: Significant Developments)

Eltel Signs LoI With STRABAG In Germany
Thursday, 15 Mar 2018 10:00am EDT 

March 15 (Reuters) - ELTEL AB ::ELTEL SIGNS A LETTER OF INTENT WITH STRABAG AG IN GERMANY TO BOOST BROADBAND FIBRE ROLLOUTS.‍LOI COMPRISES DESIGN, PLANNING AND BUILDING NETWORKS IN GERMANY​.‍FOCUS WILL BE ON DELIVERING TURN KEY SOLUTIONS TO GERMAN MARKET.​.  Full Article

Eltel In Finland Signs EUR 30 Mln Frame Agreement For Power Distribution
Friday, 9 Mar 2018 02:00am EST 

March 9 (Reuters) - Eltel Ab ::ELTEL IN FINLAND SIGNS A EUR 30 MILLION FRAME AGREEMENT FOR POWER DISTRIBUTION.‍AGREEMENT COMPRISES BUILDING AND MODERNISATION OF POWER DISTRIBUTION NETWORK IN SOUTHERN FINLAND.​.‍AGREEMENT COVERS A THREE-YEAR TIME PERIOD FROM MARCH 2018 TILL MARCH 2021.​.  Full Article

Eltel: LoI To Divest Power Transmission International Expires
Friday, 2 Mar 2018 01:30am EST 

March 2 (Reuters) - ELTEL AB ::ELTEL'S LETTER OF INTENT TO DIVEST POWER TRANSMISSION INTERNATIONAL HAS EXPIRED.RAMP DOWN AND DISCONTINUATION PROCESS IS EXPECTED TO BE COMPLETED IN 2019..PURCHASER HAS NOT FULFILLED CONDITION TO OBTAIN FINANCING OF TRANSACTION AND A FULL RELEASE FOR ELTEL UNDER CERTAIN GUARANTEES..ELTEL WILL PROCEED WITH DISCONTINUATION OF PTI.ELTEL - IT IS ESTIMATED THAT TOTAL FINANCIAL EFFECT OF CLOSURE OF PTI WILL BE SOMEWHAT LOWER THAN PREVIOUSLY ESTIMATED RAMP DOWN EXPENSES OF EUR 40 MILLION.  Full Article

Eltel In Finland Awarded Renewal Of Telecom Frame Agreement Worth EUR 30 Mln
Monday, 5 Feb 2018 10:30am EST 

Feb 5 (Reuters) - Eltel Ab ::ELTEL IN FINLAND AWARDED RENEWAL OF TELECOM FRAME AGREEMENT WORTH EUR 30 MILLION.‍AWARDED FRAME AGREEMENT RENEWAL BY A FINNISH TELECOM OPERATOR COVERING SERVICES WITHIN FIXED TELECOM NETWORKS IN FINLAND​.‍FRAME AGREEMENT IS VALID FOR TWO YEARS FROM APRIL 2018 UNTIL END OF MARCH 2020​.‍ELTEL'S COMMUNICATION BUSINESS IN FINLAND HAS BEEN AWARDED A RENEWAL OF FRAME AGREEMENT, FOR NEXT TWO YEARS​.  Full Article

Eltel Completes Divestment Of Rail Operations In Finland
Wednesday, 31 Jan 2018 09:30am EST 

Jan 31 (Reuters) - ELTEL AB ::ELTEL COMPLETES DIVESTMENT OF RAIL OPERATIONS IN FINLAND.TRANSACTION IS ESTIMATED TO POSITIVELY IMPACT GROUP EBITA BY APPROXIMATELY 4 MILLION EUR IN Q1 OF 2018​.  Full Article

Eltel To Divest Rail Business Operations In Denmark
Friday, 29 Dec 2017 08:00am EST 

Dec 29 (Reuters) - Eltel Ab ::ELTEL SIGNS A LETTER OF INTENT TO DIVEST ITS RAIL BUSINESS OPERATIONS IN DENMARK.UNDER LETTER OF INTENT, PARTIES AIM TO FINALISE DEFINITIVE TRANSACTION BY 31 JANUARY 2018.‍PARTIES AIM TO FINALISE DEFINITIVE TRANSACTION BY 31 JANUARY 2018.​.CONTRACT IS VALID UNTIL MARCH 2019 WITH A ONE-YEAR PROLONGATION OPTION.NEGATIVE CASH FLOW EFFECT OF DKK 18 MILLION, EXPECTED TO OCCUR IN THE FOURTH QUARTER 2017 AND Q1 2018.  Full Article

Eltel Wins Two-Year Contract With Telia In Finland
Friday, 22 Dec 2017 10:00am EST 

Dec 22 (Reuters) - Eltel Ab ::ELTEL WINS A TWO-YEAR NATIONWIDE SERVICE CONTRACT WITH TELIA IN FINLAND.WON A TWO-YEAR SERVICE CONTRACT WITH TELIA FINLAND OYJ AT AN EXPECTED VALUE OF APPROXIMATELY EUR 30 MILLION PER YEAR.  Full Article

Eltel Signs Amendment To LoI To Divest Power Transmission International
Thursday, 21 Dec 2017 01:30am EST 

Dec 21 (Reuters) - Eltel Ab ::ELTEL SIGNS AN AMENDMENT TO THE LETTER OF INTENT TO DIVEST POWER TRANSMISSION INTERNATIONAL.ELTEL AB - TOTAL COST FOR ELTEL OF DISCONTINUING POWER TRANSMISSION INTERNATIONAL IS ESTIMATED TO AMOUNT TO ABOUT EUR 40 MILLION.ELTEL AB - RAMP DOWN AND DISCONTINUATION PROCESS IS EXPECTED TO BE COMPLETED IN 2019.ELTEL AB - NEGATIVE FINANCIAL EFFECT OF TRANSACTION IS EXPECTED TO BE LOWER THAN ESTIMATED TOTAL RAMP DOWN COST OF EUR 40 MILLION.ELTEL AB - UNDER AMENDED LETTER PARTIES NOW AGREE TO EXTEND SIGNING AND COMPLETION OF TRANSACTION TO OCCUR BEFORE FEB-END.  Full Article

HiQ International and Eltel Expand Their Cooperation To Poland
Tuesday, 28 Nov 2017 07:36am EST 

Nov 28 (Reuters) - Hiq International Ab ::ELTEL AND HIQ EXPAND THEIR COOPERATION TO POLAND.‍HIQ ESTABLISHES A NEW UNIT IN POLAND TO SUPPORT ELTEL'S INTERNATIONAL BUSINESS.​.‍HIQ TEAM SUPPORTS ELTEL'S BUSINESS-DRIVEN IT PROJECTS IN POLAND​.  Full Article

Eltel sells its rail business operations in Finland
Wednesday, 15 Nov 2017 01:30am EST 

Nov 15 (Reuters) - ELTEL AB ::ELTEL TO SELL ITS RAIL BUSINESS OPERATIONS IN FINLAND.‍TO SELL ITS FINNISH RAIL BUSINESS OPERATIONS TO GRANIITTIRAKENNUS KALLIO OY​.‍PURCHASE PRICE AMOUNTS TO EUR 8.5 MILLION​.‍TRANSACTION IS ESTIMATED TO POSITIVELY IMPACT GROUP EBITA BY APPROXIMATELY 4 MILLION EUR IN Q1 OF 2018​.  Full Article