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Telia reports profits down 55.8% in Q2

Swedish operations accounted for 44% of Telia business Swiss telecom operator Telia – formerly TeliaSonera – posted a net profit of 1.43 billion kronor ($166.4 million) in the second quarter of 2016, down 55.8% compared to a net profit of 3.25 billion kronor in the same period...

Former TeliaSonera net profit up 1.4% in Q1

Telia Company’s Swedish operations accounted for over 43% of overall revenues Swedish telecom operator Telia Company (formerly TeliaSonera) posted a net profit of 3.76 billion kronor ($467.4 million) in the first quarter of 2016, up 1.4% compared to a net profit of 3.71 billion kronor...

Tele2 NFV strategy features virtual EPC

Swedish firm looks to deploy VEPC in the cloud by Q3 2016, as it prepares for 5G Swedish telecom operator Tele2 announced the launch of its network functions virtualization strategy, through which the telco is looking to have the first live application in the form...

Turkcell submits offer to acquire TeliaSonera stake in Fintur

Fintur operates in Kazakhstan, Azerbaijan, Georgia and Moldova Turkcell is looking to acquire the near 59% stake TeliaSonera currently holds in Fintur Holdings, which would give Turkcell full control of Fintur. Fintur controls Kcell, Azercell, Geocell and Moldcell in Kazakhstan, Azerbaijan, Georgia and Moldova, respectively. The...

ZTE, TeliaSonera ink IoT agreement

The two companies will initially offer telematics solutions BARCELONA, Spain – Chinese ICT solutions provider ZTE signed a strategic agreement with Swedish telecom operator TeliaSonera to jointly target the "Internet of Things" market. Under terms of the agreement, ZTE and TeliaSonera will collaborate in the IoT...

TeliaSonera to invest nearly $1.7 billion in 2016

Swedish telco posted a net loss of $349 million in Q4 Swedish telecom operator TeliaSonera expects total investments excluding license and spectrum fees to reach 14 billion to 15 billion kronor ($1.63-1.74 billion) this year. The telecom operator said 2016 is a peak year for increased...

TeliaSonera, Ericsson sign 5G agreement

Swedish firms plan to deploy 5G in Stockholm and Tallinn in 2018 Swedish companies TeliaSonera and Ericsson signed a strategic partnership through which mobile subscribers in Sweden and Estonia will be able to experience "5G" services in 2018. The two companies plan to develop use cases...

Telenor, TeliaSonera part of 1800 MHz spectrum auction

Norwegian regulator Nkom running the carrier auction process The Norwegian Communications Authority (Nkom) plans to hold the second phase of its 1800 MHz spectrum auction later this month, the regulator said in a statement. In the second phase of the process, mobile operators Telenor and TeliaSonera...

TeliaSonera Norway, Huawei demo ‘4.5G’ network

The demonstration used spectrum in the 800 MHz, 1800 MHz, 2.1 GHz and 2.6 GHz bands Nordic telecom operator TeliaSonera Norway and Chinese ICT solutions provider Huawei demonstrated LTE-Advanced Pro technology over a live commercial network in Oslo, Norway. According to the Chinese company, this was...

Telenor Denmark deploys LTE+ service

The telco aims to upgrade 100 telecoms towers by the end of 2015 Dannish mobile telephony operator Telenor Denmark announced the deployment of its commercial LTE+ service in the country’s largest cities. Using carrier aggregation technology, Telenor is currently upgrading a total of 430 telecommunications...

Turkcell interested in TeliaSonera Eurasia assets

Turkish operator seeks to acquire mobile operations in four markets Turkey’s largest mobile telephony operator Turkcell is looking to appoint a strategic and financial adviser to explore the possibility to fully acquire holding company Fintur, in which the Turkish operator currently holds a 41.45% stake.  Swedish...

CEO: TeliaSonera to focus on European, Swedish operations

The telco aims to reduce its business in Eurasia Swedish telecom operator TeliaSonera will increase focus on its European and Swedish operations and reduce its presence in the Eurasia region. The company said that it has been working to improve its Eurasian operations over the last...

TeliaSonera, Telenor kill pending merger

Nordic telcos faced regulatory obstacles from the European authorities Swedish telecom operator TeliaSonera and Norway’s Telenor decided to withdraw a proposed merger of their respective business units in Denmark. The two Nordic companies said they reached the decision as they were not able to agree with...

TeliaSonera, Telenor offer to sell up to 40% of joint company

Telcos seeking European Commission’s approval to merge Danish operations Scandinavian mobile operators TeliaSonera and Telenor have offered to sell up to 40% of TT-Netvaerket, their joint network infrastructure company, to a new company in a bid to secure the approval of European Commission antitrust regulators...

Alleged spectrum scam under U.S. investigation

The daughter of Uzbek President Islam Karimov is the focus of an investigation into alleged payments that authorities believe secured spectrum in Central Asia for three European carriers. Gulnara Karimova, a recording artist and daughter of Uzbekistan's president, is reportedly at the center of...

Nokia and TT-Network complete Single RAN project

Danish company TT-Network, the joint venture between the local units of Swedish operator TeliaSonera and Norway’s Telenor, has completed the final phase of its Single RAN network sharing project, for which Nokia Networks was the sole radio and services provider. TTN's process for creating a...

TeliaSonera tests LTE-A technology in Copenhagen

The telco aims to expand the new technology to other cities in Denmark this year Danish mobile telephony operator TeliaSonera kicked off a test of LTE-Advanced technology in the country's capital of Copenhagen. The telco plans to expand the LTE-A trial to other cities across...

TeliaSonera’s Q1 earnings disappoint

TeliaSonera on April 21 reported first-quarter earnings that fell below analysts’ estimates in the face of intensified competition in its Nordic and Baltic markets. Q1 adjusted earnings before interest, taxes, depreciation and amortization rose 2.3% to $980 million, or 32.8% of sales. Analysts had on...

EMEA: Digital pioneer Norway sees shrinking mobile competition

Telenor, Teliasonera rapidly expanding LTE networks The country of Norway likes to be first in the digital world. Together with Sweden, it was the first to debut LTE when TeliaSonera launched the service in Oslo and Stockholm in 2009. And this spring, the country announced...

EMEA: TeliaSonera, Telenor merger hits roadblock

The proposed merger between TeliaSonera and Telenor in Denmark is being investigated by the European Commission amid concerns that a joint venture between the two carriers would result in higher prices and decreased innovation. If the merger, which was first announced in December, goes through, the...

Russia mobile market pinched by sanctions, censorship

WASHINGTON – MegaFon, the second-largest mobile carrier in Russia, is forecasting a decline in sales and revenue for 2015, according to a report from Bloomberg Business. The report follows a 5.9% increase in revenue in 2014 with a profit margin forecasted at 40% for 2015,...

Global Telecom: Telenor and TeliaSonera to merge In Denmark

Telenor and TeliaSonera team up to take on Denmark Telenor and TeliaSonera announced plans to merge their operations in Denmark. If the merger proceeds, both companies will hold a 50% stake in the venture. The deal would result in the combined operations controlling 40% market share. Last...

EMEA: TeliaSonera, Telenor to merge Denmark operations

TeliaSonera and Telenor today announced they will merge their operations in Denmark. The two Nordic operators will each own 50% of the joint venture, and the combined company will command 40% of the Danish mobile market with 3.5 million subscribers and expected annual revenues of...

EMEA: TeliaSonera prompts Norway's spectrum auction delay, possible exit from MegaFon

TeliaSonera's focus on its Nordic operations is creating some waves. First, the Stockholm-based carrier's acquisition of Tele2's Norwegian operations prompted that country's regulator to delay the 1800 MHz spectrum auction originally planned for January 2015. The Norwegian Post and Telecommunications Authority said it was...