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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Telia Company    TELIA   SE0000667925

TELIA COMPANY

(TELIA)
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Telia : Sells Moldovan Mobile Network Operator for $31.5 Million

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02/14/2020 | 04:45am EST

By Dominic Chopping

STOCKHOLM--Nordic telecommunications operator Telia Company AB said Friday that its Fintur Holdings subsidiary has agreed to sell its 100% holding in Moldovan mobile network operator Moldcell for $31.5 million.

"I am happy to announce the completion of our journey to exit Eurasia, allowing us to fully focus on the Nordic and Baltic markets," said Telia's acting Chief Executive Christian Luiga.

The sale of Moldcell to a unit of Nepalese conglomerate CG Corp Global isn't subject to any conditions and Telia expects to complete the sale during the first quarter of 2020.

Moldcell represents approximately 0.7% of Telia's service revenues and 0.6% of the company's total Ebitda.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
NORDIC GROUP LIMITED -1.67% 0.295 End-of-day quote.-1.67%
TELIA COMPANY -0.83% 41.99 Delayed Quote.4.32%
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Latest news on TELIA COMPANY
02/21TELIA LIETUVA : Tallink Grupp leads trade on Baltic stock exchanges Friday
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02/17TELIA : Share buy-backs in Telia Company during week 7 2020
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02/14TELIA : Sells Moldovan Mobile Network Operator for $31.5 Million
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02/07TELIA : The Nomination Committee's proposal for Telia Company's AGM
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02/04TELIA : issues a green hybrid bond of EUR 500 million
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Financials (SEK)
Sales 2020 93 681 M
EBIT 2020 14 382 M
Net income 2020 9 339 M
Debt 2020 90 411 M
Yield 2020 5,96%
P/E ratio 2020 19,0x
P/E ratio 2021 16,5x
EV / Sales2020 2,80x
EV / Sales2021 2,79x
Capitalization 172 B
Chart TELIA COMPANY
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Technical analysis trends TELIA COMPANY
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 41,36  SEK
Last Close Price 41,99  SEK
Spread / Highest target 19,1%
Spread / Average Target -1,50%
Spread / Lowest Target -19,0%
EPS Revisions
Managers
NameTitle
Christian Carl Peter Luiga President, CEO & Executive Vice President
Lars-Johan Jarnheimer Chairman
Magnus Zetterberg COO, Head-Global Services & Operations
Douglas Gordon Lubbe Chief Financial Officer
Agneta Ahlström Director
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