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TeliaSonera 3Q Revenue At SEK26.61 Billion, Keeps Outlook Unchanged

DOW JONES NEWSWIRES STOCKHOLM -(Dow Jones)- TeliaSonera AB (TLSN.SK), the Swedish telecommunications company, Wednesday said net profit decreased to SEK4.86 billion from SEK5.99 billion the same quarter last year, as lower contributions from affiliates and higher finance costs weighed on the result. MAIN FACTS: -TeliaSonera said its outlook for 2011 remains unchanged. -Growth in net sales in local currencies and excluding acquisitions and disposals is expected to be around 3% in 2011. -Also, the company expects its addressable cost base in 2011 to decline compared with 2010 and said it sees 2011 operating margin improving compared with last year. -3Q net sales were SEK26.61 billion, down from SEK26.87 the same quarter last year. -Analysts expected 3Q net sales at SEK26.67 billion. -3Q operating profit (Ebitda excluding non-recurring items) was SEK9.80 billion, up from SEK9.76 billion the same quarter last year. -Analysts expected 3Q operating profit at SEK9.71 billion. -3Q Ebitda-margin was 36.8%, up from 36.3% the same quarter last year. -In 3Q the number of subscriptions grew by 1.3 million in the consolidated operations and by 3.7 million in the associated companies. -The total number of subscriptions was 164.4 million. -Capex in 3Q increased to SEK3.63 billion, from SEK2.94 billion the same quarter last year. -Income from associated companies and joint ventures was SEK1.41 billion, down from SEK2.08 billion the same quarter last year. -Regarding the ongoing dispute over Turkcell Iletisim Hizmetleri A.S. (TCELL.IS) control, TeliaSonera said "steps in the right direction" have been taken and that increasing the number of independent board members will resolve the current deadlock. -Tuesday shares in TeliaSonera closed at SEK46.10. -By Sven Grundberg, Dow Jones Newswires; +46-8-5451-3098; sven.grundberg@dowjones.com

Stock News for Turkcell Ilet (TKC)
DateTimeHeadline
09/02/201514:48:00Turkcell Marks the 15th Year of its Dual Listing on the NYSE...
09/02/201507:42:35Report of Foreign Issuer (6-k)
08/28/201513:48:40Report of Foreign Issuer (6-k)
08/27/201515:05:16Report of Foreign Issuer (6-k)
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08/26/201515:40:22Report of Foreign Issuer (6-k)
08/26/201510:21:44Report of Foreign Issuer (6-k)
08/26/201510:17:33Report of Foreign Issuer (6-k)
08/26/201510:11:28Report of Foreign Issuer (6-k)
08/26/201509:29:06Report of Foreign Issuer (6-k)
08/26/201506:02:00Turkcell Mulls Share Buyback, Will Study Borrowing Options
08/11/201514:05:15Report of Foreign Issuer (6-k)
07/31/201516:33:48Report of Foreign Issuer (6-k)
07/30/201512:27:36Turkcell Posts Surge in Second-Quarter Net Profit
07/30/201510:54:00Turkcell Iletisim Hizmetleri Second Quarter 2015 Results
07/10/201512:14:51Report of Foreign Issuer (6-k)
07/07/201506:04:00Turkcell and Turkey’s ASELSAN Join Forces for 5G R&D
06/30/201510:40:07Report of Foreign Issuer (6-k)
06/29/201512:13:00Report of Foreign Issuer (6-k)
06/29/201510:15:57Report of Foreign Issuer (6-k)

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