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Eltel AB (ELTEL.ST)

ELTEL.ST on Stockholm Stock Exchange

28.52SEK
19 Feb 2018
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0.12kr (+0.42%)
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Latest Key Developments (Source: Significant Developments)

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

Eltel Q3 EBITDA down at EUR 3.1 mln
Thursday, 2 Nov 2017 03:17am EDT 

Nov 2 (Reuters) - ELTEL AB :Q3 NET SALES EUR ‍328.0​ MILLION VERSUS EUR 356.2 MILLION YEAR AGO.Q3 EBITA EUR ‍3.1​ MILLION VERSUS EUR 7.8 MILLION YEAR AGO.  Full Article

Eltel wins three new contracts with power companies in Germany
Tuesday, 3 Oct 2017 02:08am EDT 

Oct 3 (Reuters) - ELTEL AB :HAS WON THREE NEW CONTRACTS WITH POWER COMPANIES IN GERMANY FOR PERIOD 2017-2022.TOTAL VALUE OF CONTRACTS IS ESTIMATED TO AMOUNT TO ABOUT EUR 10 MILLION.  Full Article

Eltel signs letter of intent to divest Power Transmission International
Monday, 25 Sep 2017 12:00pm EDT 

Sept 25 (Reuters) - Eltel AB :Eltel signs a letter of intent to divest Power Transmission International.Eltel AB says contemplated transaction agreement includes sale of all Eltel's shares in Eltel Networks Te Ab (TEAB) and its subsidiaries.Signing and completion of transaction is expected to occur before end of 2017.Eltel AB says transaction is estimated to have approximately eur 9.0 million negative impact in total on group's third and fourth-quarter EBITA.Estimates maximum cash-flow impact will be about EUR 20 million negative, main part will be recorded during remainder of 2017.Total cost for divestment is expected to be lower than estimated ramp down cost of EUR 40 million.  Full Article

BRIEF-Eltel signs letter of intent to divest Power Transmission International

* Eltel signs a letter of intent to divest Power Transmission International