|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||4.2000 - 4.2000|
|52-week range||3.1000 - 4.4000|
|Beta (5Y monthly)||0.27|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.19 (4.58%)|
|Ex-dividend date||22 Oct 2020|
|1y target est||N/A|
Ericsson's (ERIC) industry-leading portfolio will modernize Telia's 4G networks in Sweden and Estonia to provide 5G services across a network of 10,000 cellular sites.
Nordic telecom operator Telia Company on Wednesday reported quarterly core earnings ahead of market expectations aided by cost savings, and upped its forecasts for the full year. Investors are hoping that Telia's new chief executive, Allison Kirkby, a former CEO at rival Tele2, can revive fortunes at the partially state-owned operator, and developments in the third quarter will likely boost those expectations. Under Kirkby, who took over in May, the company reinstated its full dividend in October after announcing a surprise deal to sell its international carrier business for 9.45 billion crowns.
Telia <TELIA.ST> has agreed to sell its international carrier business, Telia Carrier, to Polhem Infra for 9.45 billion Swedish crowns ($1.06 billion) on a cash and debt free basis, the operator said on Tuesday. Since taking over the top job at Telia in May, CEO Allison Kirkby has been streamlining the company's operations, including selling its stake in mobile operator Turkcell <TCELL.IS> to bring to an end a long-running dispute between its main shareholders. The appointment of Kirkby, a former CEO at rival telecom operators Tele2 <TEL2b.ST> and TDC, has sparked investor expectations that she can boost returns at Telia.