Telia's core earnings top expectations on cost-cutting drive

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 15%
  • Publisher: 66%

STOCKHOLM :Nordic telecom operator Telia reported quarterly core earnings ahead of market expectations on Wednesday as its plan to streamline operations led to lower costs, and the company backed its full-year outlook. The company also expects more demand for secure communications products as governments acro

Singapore Headlines News

Singapore Latest News, Singapore Headlines

STOCKHOLM :Nordic telecom operator Telia reported quarterly core earnings ahead of market expectations on Wednesday as its plan to streamline operations led to lower costs, and the company backed its full-year outlook.

"The government is a very important customer to us in all our markets... as they have more funding available, we would hope to be able to take advantage of that," Chief Executive Officer Allison Kirkby said in an interview. Western governments have warned https://www.reuters.com/world/europe/west-warns-russian-cyberattacks-critical-infrastructure-2022-04-20 about a potential threat of increased malicious cyber activity by Russia against critical infrastructure as a response to sanctions imposed as punishment for its actions in Ukraine.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.