Profit Boost for Telia

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Profit Boost for Telia
Photo: Jakob Åkersten Brodén/TT

The mobile operator Telia, with the Swedish state as the largest owner, made an operating profit of 3.9 billion kronor in the third quarter of the year. This can be compared to the profit of 3.5 billion during the same period last year.

The adjusted operating result was 8.5 billion, which was slightly better than expected.

Revenues decreased by 0.9 percent to 21.9 billion kronor.

Analysts had on average expected revenues of 22 billion and an adjusted operating result of 8.4 billion, according to Bloomberg's compilation of forecasts.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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