Saturday, May 2, 2009

TeliaSonera cuts 2009 sales outlook on slowing economy

CEO Lars Nyberg warns of change in customer behaviour in several of the Swedish operator's markets.

TeliaSonera Friday cut its 2009 sales guidance, saying the economic slowdown is now hitting consumer demand in several of its markets, particularly in Eurasia.

The Stockholm-based telecom operator said its 2009 capital expenditure to sales ratio is still expected to be somewhat lower than last year, but

source

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