TeliaSonera CEO Anders Igel

Telia Sonera Posts Healthy Profit

The Nordic telecommunications operator TeliaSonera has reported a 7.7 percent rise in first-quarter net profit, despite higher costs.

Attribtuing the result to higher sales, the Stockholm-based company said it aims to save a further 221 million US dollars in 2007 due to a reorganization, particularly in Sweden and Finland.

TeliaSonera says the measures are expected to give it an annual gross savings of 340 million US dollars, by next year.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
Du hittar dina sparade avsnitt i menyn under "Min lista".