TeliaSonera to cut more jobs next year
Telecom operator TeliaSonera has made SEK seven billion in pre-tax profits during the final quarter of last year, that's a bit down on analysts predictions. At the same time the company announced it was cutting 900 jobs in its broadband and mobile phone divisions next year, while 200 new jobs are to be created in its IT division.
The company is facing a tough couple of days, as a report into its activities in the central Asian country of Uzbekistan is expected this evening. The report will look at whether bribes were paid to win a lucrative mobile operator contract in the country.