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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, October 28, 2009

Baltics Leave TeliaSonera Flat

As revenue declines in Norway and the Baltics offset growth in Sweden, TeliaSonera said that its net sales, excluding the impact of currency movements and acquisitions, were flat in the third quarter at 27.07 billion Swedish krona (3.83 billion US dollars).

Maintaining its forecast that revenues will be flat or slightly down in 2009, the Stockholm-based company said its capital spending was down 9% year-on-year to 3.24 billion krona in the third quarter. Capital spending in the first nine months amounted to 11% of sales compared to 15% in 2008. source: TeliaSonera presentation

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