{"id":172305,"date":"2021-01-20T11:58:37","date_gmt":"2021-01-20T11:58:37","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=307132"},"modified":"2021-01-20T11:58:37","modified_gmt":"2021-01-20T11:58:37","slug":"telia-set-for-finland-hit-proposes-shareholder-payout","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/01\/20\/telia-set-for-finland-hit-proposes-shareholder-payout\/","title":{"rendered":"Telia set for Finland hit, proposes shareholder payout"},"content":{"rendered":"

<\/p>\n

\tTelia announced plans to book a SEK7.8 billion ($931.8 million) impairment charge on its Finland business covering Q4 2020, as it also revealed higher than expected group cashflow for 2020 and dividend details.<\/p>\n

In a stock market statement, the operator group said the non-cash impairment in Finland followed an annual review of the value of its assets across the company.<\/p>\n

Telia added the unit had been impacted by matters around the Covid-19 (coronavirus) pandemic, \u201cslightly weaker underlying performance\u201d compared with previous years and the need for higher than expected network investment.<\/p>\n

Alongside the impairment, Telia plans to recommend a dividend of SEK2 per share for 2020, due to reaching the upper-end of its operational free cashflow outlook for the year.<\/p>\n

When the pandemic hit, Telia warned of an expected impact on its TV and broadcast business, and cut its 2019 dividend [1] to improve cash available.<\/p>\n

In December 2020, it paid an additional dividend following the sales of its stake in Turkcell [2] and the operator\u2019s carrier business [3].<\/p>\n

The company is due to issue Q4 and full-year 2020 results on 29 January.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telia-cuts-investor-payout-on-expected-virus-impact
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telia-reaches-turkcell-sale-agreement
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/telia-seals-deal-to-offload-carrier-unit<\/p>\n\n

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<\/p>","protected":false},"excerpt":{"rendered":"

Telia announced plans to book a SEK7.8 billion ($931.8 million) impairment charge on its Finland …<\/p>\n

The post Telia set for Finland hit, proposes shareholder payout<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telia set for Finland hit, proposes shareholder payout - ITTeacherITFreelance.hk","description":"Telia announced plans to book a SEK7.8 billion ($931.8 million) impairment charge on its Finland ... The post Telia set for Finland hit, proposes shareholder pa"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/172305"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=172305"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/172305\/revisions"}],"predecessor-version":[{"id":172306,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/172305\/revisions\/172306"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=172305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=172305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=172305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}