Telia’s Q2 core earnings beat expectations
Swedish telecom operator Telia reported second-quarter core earnings above market expectations on Friday, aided by the sale of assets in Denmark as it focuses on key markets to reduce costs.
The group said in a separate statement it had offered to buy Swedish broadband provider Bredband2 i Skandinavien for 3.25 Swedish crowns ($0.3342) per share in cash. The agreed offer values Bredband2, at 3.1 billion Swedish crowns.
