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.
Tuesday, July 20, 2010
TeliaSonera Bouyed by Eurasia and Mobile Data
Boosted by double-digit revenue growth in Eurasia, TeliaSonera said that its net sales in local currencies and excluding acquisitions rose 3.3% in the second quarter to 26.96 billion Swedish krona (3.66 billion US dollars). TeliaSonera said its sales were also lifted by data growth in the Nordic mobile markets and it expects total mobile data volumes in Sweden to double in 2010.
TeliaSonera forecast that its net sales will grow approximately 3% in local currencies in 2010 and its capex will be between 14% and 15% of sales, compared with 12.8% in 2009. source: TeliaSonera presentation