DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Jansen - 3 Allison Kirkby - 3 Philip Jansen - 2 Sweden's - 2 Hargreaves - 1 Matt Britzman - 1 Yadarisa - 1 Sarah Young - 1
Top related locs:
London Bengaluru Swedish Kirkby
Top related orgs:
BT - 3 Thomson - 2 BT Group Plc - 1 BT Group - 1 Britain's - 1 Sweden's Telia - 1 Telia Company - 1 Kirkby - 1

Search resuls for: "Telia Company"


6 mentions found


☆ BT rises after quarterly earnings beat forecasts
  + stars: | 2023-11-02 | by ( ) www.cnbc.com   time to read: +1 min
A BT Group Plc logo on a EE/BT Group Plc store in London, UK, on Wednesday, May 17, 2023. BT Group, Britain's biggest broadband and mobile provider, posted a second quarter earnings beat and forecast annual cash flow at the top end of a range, lifting its shares in a parting boost for outgoing CEO Philip Jansen. Shares in BT jumped 5% in early deals, good news for Jansen who is due to step down early next year and has long said he has been disappointed by the group's stock performance. Her job will be to complete Jansen's multi-billion pound push into fibre networks and extending 5G networks, the cost of which has hit free cash flow and weighed on the share price. For the three months to the end of September, BT posted a 3% rise in adjusted core profit (EBITDA) to 2.06 billion pounds ($2.51 billion) beating the 2.03 billion pounds consensus forecast.
Persons: Philip Jansen, Jansen, Hargreaves, Matt Britzman, Allison Kirkby, Sweden's Organizations: BT, BT Group Plc, BT Group Locations: London
☆ BT maintains 2024 outlook after Q2 core profit beat
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +1 min
Nov 2 (Reuters) - BT Group (BT.L), Britain's biggest broadband and mobile provider, posted second quarter earnings slightly ahead of forecasts putting it on track to meet 2024 guidance, in one of the outgoing CEO's final announcements. Strong cost controls helped BT post a 3% rise in adjusted core profit (EBITDA) to 2.06 billion pounds ($2.51 billion) for the three months to the end of September, beating the 2.03 billion pounds consensus forecast. "These results show that BT Group is delivering and on target: we're rapidly building and connecting customers to our next generation networks, we're simplifying our products and services," Jansen said in a statement on Thursday. The quarterly result meant BT maintained its outlook to grow revenue and profits for its current 2024 financial year, and the group said it expected free cash flow towards the top end of its 1 billion to 1.2 billion pound range. ($1 = 0.8215 pounds)Reporting by Yadarisa Shabong in Bengaluru and Sarah Young in London; Editing by Savio D'Souza and James DaveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Allison Kirkby, Sweden's, Philip Jansen, Jansen, Yadarisa, Sarah Young, Savio D'Souza, James Davey Organizations: BT, Britain's, Sweden's Telia, Thomson Locations: Bengaluru, London
☆ New BT boss’s biggest test is investor relations
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: +2 min
LONDON, July 31 (Reuters Breakingviews) - BT’s (BT.L) board faced the challenge of hiring a new CEO willing to implement a turnaround strategy decided by their predecessor. It has solved that problem by appointing one of its own members, Allison Kirkby, to the post vacated by outgoing Philip Jansen. Shares in the Swedish telco sank 4% on news of her departure, suggesting Telia’s loss is a gain for BT. Kirkby won’t take over until January 2024 but, having sat on BT’s board for more than four years, she should be able to hit the road running. Keeping these two investors on her side will be the real test for Kirkby at BT.
Persons: Allison Kirkby, Philip Jansen ., Swedish telco, Kirkby won’t, Patrick Drahi’s, Jansen, Pierre Briançon, Liam Proud, Oliver Taslic Organizations: Reuters, Telia Company, BT, Kirkby, Deutsche Telekom, Twitter, Soaring, of Japan, Thomson Locations: Swedish, Kirkby
☆ European shares fall as banking sector jitters eclipse upbeat earnings
  + stars: | 2023-04-26 | by ( Shubham Batra | ) www.reuters.com   time to read: +3 min
The pan-European STOXX 600 index (.STOXX) fell 0.7%, as regional banking stocks (.SX7E) dropped 1.2%. Earnings from Microsoft Corp (MSFT.O) and Google's parent Alphabet Inc (GOOGL.O) beat expectations, but recessionary worries in the world's largest economy kept investor sentiment fragile. Shares of Swiss banking software company Temenos AG (TEMN.S) jumped 10.2% after it reported first-quarter earnings above consensus. Meanwhile, ASM International NV (ASMI.AS) fell 10.0% after the Dutch semiconductor equipment maker reported a drop in first-quarter orders, citing softening market conditions, despite an estimate-beating revenue. Dassault Systemes SE (DAST.PA) slid 7.4% after the French software maker reported first-quarter numbers broadly in line with estimates but with a miss on software licenses.
☆ Telia warns of $2 bln impairment in Q4 as interest rates rise
  + stars: | 2023-01-20 | by ( ) www.reuters.com   time to read: +1 min
STOCKHOLM, Jan 20 (Reuters) - Swedish telecom operator Telia Company (TELIA.ST) warned on Friday its fourth-quarter results would be hit by non-cash impairment charges due mainly to increased cost of capital. It said the bulk of costs related to goodwill writedowns at its Finland and Norway units, with charges of 9.5 billion crowns and 8.5 billion, respectively, reflecting slowing economies and higher market rates. Shares in Telia, which is in the midst of a years-long cost cutting programme, were down 1.4% in mid-day trade. Analysts before the news of the charge had on average expected Telia to report a fourth-quarter pretax profit of 1.7 billion crowns, according to Refinitiv SmartEstimate. ($1 = 10.2836 Swedish crowns)Reporting by Anna Ringstrom and Supantha Mukherjee Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
☆ EXCLUSIVE With eye on Big Tech, energy crisis, EU telcos call for shared network costs
  + stars: | 2022-09-26 | by ( Foo Yun Chee | ) www.reuters.com   time to read: +2 min
REUTERS/Wolfgang Rattay/BRUSSELS, Sept 26 (Reuters) - Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and 13 other European telecoms providers on Monday made their strongest push for Big Tech to share network costs, citing the energy crisis and EU climate change goals. Register now for FREE unlimited access to Reuters.com Register"Costs of planning and construction works are increasing. Similarly, the hikes in energy prices and in the prices of other inputs are also hitting the connectivity sector," they said. Big Tech has rebuffed such requests, saying they are already investing in equipment and technologies to deliver content more efficiently. ($1 = 1.0301 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Foo Yun Chee;Editing by Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 6