Telia does not reach all the way – Private Businesses

TeliaSonera’s EBITDA before non-recurring items was 8.54 billion kronor for the first quarter of 2015, as shown by the interim report.

margin was 32.8 percent.

Analysts’ expectations low on an underlying EBITDA of 8.637 billion crowns with a margin of 33.8 percent, according to SME Direkt.

Net sales were 26.041 billion crowns against waited 25.565 billion.

Expect better continuation of the year

TeliaSonera’s profitability declined in the first quarter of Sweden, mainly due to investments in market and a changed product. But the company expects the development to improve during the year.

According to the quarterly report.

In Sweden, growth in mobile service revenues remained good at 2 percent, driven by strong demand for mobile data in the consumer segment. The competitors intensified their activities at the beginning of the year and introduced more generous data pots.

“We continue to expand our 4G and fiber network and will further benefit from this strength in the upcoming offerings,” writes CEO Johan He Lind report .

He continues about the Swedish business:

“The demand for our fiber services remains strong and we keep the pace of expansion to achieve the goal in 2015 to increase the number of new connections to homes by 25 percent “.