Latest news with #Tet
Yahoo
19-07-2025
- Business
- Yahoo
Telia Company AB (TLSNF) Q2 2025 Earnings Call Highlights: Strong EBITDA Growth Amidst ...
EBITDA Growth: 6.2% overall, with strong performance in Sweden and Finland, but weaker in Norway. Free Cash Flow: SEK2.3 billion, supported by a dividend from Tet in Latvia. Leverage: Reduced to 2.09 times, aided by EBITDA growth and proceeds from the Marshall investment. Sweden Consumer Segment Growth: 2.3%, driven by strong TV performance and mobile subscriber intake. Sweden EBITDA Growth: Approximately 8%, supported by profitable growth and change program tailwinds. Finland EBITDA Growth: 10%, driven by business simplification and change program execution. Norway Service Revenue and EBITDA: Both trending down due to lower mobile wholesale revenue and broadband/TV headwinds. Lithuania EBITDA Growth: 11%, with strong service revenue growth in mobile and fixed sectors. Estonia Service Revenue and EBITDA Growth: 3% to 4%, with good cash flow conversion. CapEx: Well within the frame of less than SEK14 billion per year. EBITDA Margin Expansion: 200 basis points, in line with margin expansion goals. Operating Expenses: Declined by 5.1%, driven by the change program. Net Debt Reduction: Decreased by SEK1.5 billion, with leverage now below 2.1 times. Warning! GuruFocus has detected 4 Warning Signs with TLSNF. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Telia Company AB (TLSNF) reported strong EBITDA growth of 6.2%, slightly ahead of expectations, driven by cost efficiencies and strong performance in Sweden and Finland. The company maintained its full-year outlook, with financials largely as expected, and reiterated its commitment to free cash flow above SEK10 billion by 2027. Telia's strategic focus on convergence is yielding results, with a 5% annual growth in average revenue per household and a reduction in churn for converged customers. The acquisition of Bredband2 is expected to strengthen Telia's consumer business in Sweden, with anticipated synergies of over SEK200 million within three years. Telia's balance sheet continues to improve, with leverage reduced to 2.09 times, supported by strong free cash flow and proceeds from divestments. Negative Points Service revenue growth was somewhat below the full-year ambition due to a slowdown in Norway, impacting overall performance. Norway faced challenges with both service revenue and EBITDA trending down, attributed to lower mobile wholesale revenue and headwinds in broadband and TV. The company anticipates a softer Q3 before growth picks up again in Q4, with Norway expected to continue facing headwinds in the near term. Telia's mobile end-user service revenue trends in Sweden, Finland, and Norway are lagging behind peers, indicating room for improvement. The company faces regulatory scrutiny for its acquisition of Bredband2, with potential challenges in obtaining competition authority approval. Q & A Highlights Q: Can you elaborate on your cost-cutting outlook and the implications of the Latvian asset sale? A: (Patrik Hofbauer, CEO) The Latvian asset sale is part of our strategy to simplify our organization, not an exit from the Baltics. We continue to drive efficiencies without a large-scale cost-cutting program like last year, but we are benchmarking to ensure competitiveness. Q: Regarding the bid on Bredband2, do you expect any regulatory hurdles, and what synergies do you foresee? A: (Patrik Hofbauer, CEO) We see Bredband2 as complementary, with low market share overlap, and expect regulatory approval. (Eric Hageman, CFO) We anticipate SEK200 million in annual synergies, split evenly between revenue and cost savings. Q: Can you explain the strong net mobile subscriber intake in Sweden and the unexpected EBITDA growth in Q2? A: (Patrik Hofbauer, CEO) The subscriber growth was due to good team performance without special campaigns. (Eric Hageman, CFO) The EBITDA growth was driven by cost overperformance in Finland and Sweden, and savings from reduced ancillary costs. Q: How do you plan to improve EBITDA growth in Q4 and into 2026? A: (Eric Hageman, CFO) We expect better Q4 performance due to continued momentum in Sweden, visibility on large enterprise projects, and pricing impacts. Finland's service revenue drag will lessen, contributing to improved EBITDA. Q: What is your strategy regarding the Bredband2 acquisition and its impact on market share? A: (Erik Strandin Pers, Head of IR) The acquisition is complementary, with Bredband2 strong in areas where we are weak. We are optimistic about regulatory approval, as the asset fits well with our strategy and strengthens our core market. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Daily Mirror
14-07-2025
- Sport
- Daily Mirror
India star hit with punishment for antics in fiery England clash in third Test
Mohammed Siraj has been fined 15 percent of his match fee and been handed a demerit point by the ICC after giving a send-off to Ben Duckett in the third Tet beween England and India India star Mohammed Siraj has been fined after delivering a fiery send-off to opener Ben Duckett during the third Test against England at Lord's. The incident occurred in the sixth over on day four, with Siraj getting Duckett caught at mid-on. Siraj roared in his opponents face as he celebrated the wicket and they also bumped shoulders as Duckett walked off the field. And the ICC have now announced that Siraj has been fined 15 percent of his match fee and been handed a demerit point. The bowler was found guilty of breaching Article 2.5 of the ICC's code of conduct, which relates to "using language, actions or gestures which disparage or which could provoke an aggressive reaction from a batter upon his/her dismissal". Siraj has now received two demerit points within the last 24 months, having previously been sanctioned for an altercation with Australia's Travis Head during a Test at Adelaide in December 2024. Players who accumulate four demerit points within a 24-month period will receive a ban. It's just very competitive, isn't it? There's always lines that you've got to be wary not to cross, and I think both teams are very passionate about playing the game and winning," England's batting coach Marcus Trescothick told BBC Test Match Special at the close of play. "It's a big series for everyone to be involved in. It's understandable at times that tempers are going to get to boiling point, and things will be said, and things happen amongst the two teams. "We're comfortable with it. We give as much as we get. Those moments that happen, and people pick up on TV, it just adds for more people to come back and view the game." There was also a heated clash between the two sides at the end of day three, with India furious at Zak Crawley for time-wasting. Crawley and Duckett were successful in wasting as much time as possible, ensuring they only faced one over before the end of play. After Crawley called for the physio when he was hit on the hand by Jasprit Bumrah, the India players surrounded him and demanded he get on with the game. India captain Shubman Gill angrily pointed at Crawley and could heard through the stump microphone shouting: "Show some f***ing balls!" However, Gill had engaged in time-wasting tactics of his own on day two, with former England captain Michael Vaughan pointing out: "India can't complain because yesterday Gill was down with the hamstring strain – [KL] Rahul was off the field and wouldn't have been able to open the batting."
Int'l Cricket Council
02-07-2025
- Sport
- Int'l Cricket Council
Australia set for massive boost as West Indies alter plans ICC World Test Championship
Australia look likely to be boosted by the return of star batter Steve Smith for the second ICC World Test Championship contest against the West Indies in Grenada. Smith batted with little discomfort on his injured finger at training in the Caribbean on Tuesday and the 36-year-old is set to return to Australia's XI as they attempt to wrap up the Test series against the West Indies with victory in the second Test that commences at the National Cricket Stadium on Thursday. Steve Smith forced off the field injured | WTC25 Final Australia talisman Steve Smith sustained a nasty blow on Day 3 at Lord's and walked off the field in discomfort. Australia wicket-keeper Alex Carey spoke with reporters prior to training and said Smith had done everything expected of him as he tries to return from the injury he picked up during the World Test Championship Final against South Africa last month. '(He's a) class player. Think anytime you add 10,000 runs back into the line-up, you're going to be pretty happy with it. So we'll wait and see,' Carey said of Smith. 'Obviously, he's having a hit out here. He seems pretty confident and he's excited to get back in. But also, it's been tough at the top of the order, so to add I guess a little bit more experience is good for the group, but I think they're doing a pretty good job as well.' Alex Carey's vital 43 for Australia | Player Highlights | WTC25 Final Australia wicket-keeper/batter Alex Carey makes a valuable contribution for his side in the Ultimate Test. With Smith expected to return to his preferred batting position at No.4, it means back-up batter Josh Inglis is likely to make way in what will be Australia's only change to the side that won the opening Test of the series by 159 runs. The West Indies strong bowling line-up managed to cause plenty of problems for Australia during that opening Test, though coach Daren Sammy knows the likely return of Smith to the XI will pose a different proposition for his front-line pacers. "He (Smith) is a quality guy and a quality player," Sammy said. "Australia is still strong (without him) because of the system they have. They keep on producing guys. But we've seen when we add pressure as a bowling group, we did get 20 wickets in the Test and that's the first step towards winning. Steve Smith, if he comes in, poses a different challenge to us." Steve Smith's fighting fifty for Australia | Player Highlights | WTC25 Final On a tricky Day 1 at Lord's, Steve Smith buckled down with a gritty half century. Sammy took plenty of positives from the West Indies' performance in the opening Tet in Barbados, but knows the side needs to improve their efforts in the field if they want to mix it with the Aussies. "I think the biggest thing is we shot ourselves in the foot (during the first Test)," Sammy said. "You cannot drop seven catches against the world's No.1 team and expect to compete. We have a lot of blame to take for the defeat, but there were also some positives…for the first two days, we were (going) head and shoulders against the No.1 team." ICC World Test ChampionshipNewsSteve Smith
Time of India
02-05-2025
- Time of India
Canada advises 'Where to Travel in 2025' safely as global risks rise, check countries in the list
Spain Mexico Live Events France Bahamas and Jamaica Vietnam and Philippines China Cuba West Bank, Gaza Strip, and Israel Ecuador The United Arab Emirates Thailand Peru (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Every spring, Canadian travel enthusiasts eagerly type their favorite phrases into their browsers: 'best places to travel,' 'where to go this summer,' 'budget travel destinations 2025', but this year heightened risks like terrorism, crime, and civil unrest have forced the federal government to issue travel advisories for several popular destinations to keep citizens safe and Spain, travelers are advised to "exercise a high degree of caution" due to the rising threat of terrorism. On a scale of five, the terror threat level is four or five.'In Spain, attacks causing deaths and injuries have taken place,' according to the travel advice. 'Further attacks in Spain cannot be ruled out. Further attacks elsewhere in Europe are likely.'Mexico is also under cautionary watch due to frequent criminal activity and kidnappings, particularly in states like Chiapas and ChihuahuaDue to a rise in terrorism threat, currently at 3 or 'attack emergency', which is the highest on the country's national alert system or Vigipirate, travellers and tourists are told to stay alert and cautious.'Over the past few years in France, several opportunistic and premeditated attacks have occurred,' according to the advisory. These have resulted in many deaths and injuries. Further attacks are likely.'The government has also advised to keep checking the French media and online updates regarding the threat level and overall situation in the the Caribbean, the Bahamas and Jamaica are unpopular due to high crime rates and an unsafe atmosphere throughout the year. In Nassau and Freeport, incidents of armed robbery, sexual assault, and theft have been reported, even in daylight and tourist faces similar concerns, with violent crimes prevalent in major cities and tourist hotspots, including parts of Kingston and Montego the Asian continent, Vietnam and the Philippines are known for petty crimes and even militancy and Vietnam, rates of pickpocketing and purse snatching are on the rise, especially during major holidays like Tet or Lunar New the Philippines, people are advised to avoid provinces like Mindanao Island due to the 'serious threat' of kidnapping, terrorism, and violence between the rebel groups and security Canadian government urges travellers to "exercise a high degree of caution" in China because local laws may be "arbitrarily enforced.""The degree of transparency in China's judicial system limits our ability to provide consular assistance in China." "It might also affect your ability to get good legal help."The advice states that even for non-violent offences like financial crimes, foreigners could face "severe punishments," with drug crimes possibly resulting in the death to Canadian authorities, Cuba is affected by shortages of essentials like food, medication, and fuel. Visitors should "exercise a high degree of caution," they advise. In certain vacation areas, the Canadian government advises visitors to "take normal security precautions."Travelling to Israel and the Palestinian territories continues to be unsafe. The Canadian government advises citizens to "avoid non-essential travel" in Israel because of "the unpredictable security situation" and the continuing war in further advised tourists to "avoid all travel" to the Gaza Strip and West is common in Ecuador, and there are state emergencies in place due to gang violence in some places, due to which the Canadian government urges its citizens to "exercise a high degree of caution."Stay away from all travel within 20 km of the Colombian border in the provinces of Sucumbíos, Esmeraldas, and same caution is in effect for certain locations with landmines and unmarked minefields that are located within two kilometres of the Peruvian should also "avoid non-essential travel" to areas of the provinces of Guayas, Los Ríos, and El Canadian government advises visitors to the United Arab Emirates to "exercise a high degree of caution" due to the rising threat of terrorism in the Middle Eastern advice stated, "Enhanced security measures are in place and may be reinforced on short notice by Emirati authorities." The wars in the Middle East can also lead to missile strikes and drone attacks, it alert advises travellers to "exercise a high degree of caution" due to "political tensions and sporadic demonstrations" in Bangkok and other parts of the separatist rebels make it dangerous to travel in the southern provinces of Narathiwat, Pattani, Songkhla, and country's high crime rate, social unrest, and constant strike danger forced the Canadian government to advise its citizens to "exercise a high degree of caution."With concerns of drug trafficking, robberies, kidnappings, extortion, and raids, the Canadian government claims that domestic terrorism and criminal activity are issues in some regions. Additionally, regions that share borders with Ecuador and Colombia are regarded as dangerous places to you map out your next trip and scroll through 'where to travel' or 'best places to travel in 2025,' remember that safety isn't a given but a shared responsibility. Travel responsibly by reading these guidelines, talking with fellow travelers, and staying updated about the situation in the country you are visiting, because in the end, the best trip is one you return home from.
Daily Mail
29-04-2025
- Health
- Daily Mail
I survived bird flu - this is what it's like: My whole skull was THROBBING
A middle-aged man who survived bird flu has revealed the horrific infection—which killed his brother—left him feeling as if his 'whole skull was throbbing'. The virus, also known as H5N1, is currently spreading across the US and has reached the UK triggering global health chiefs today to warn of an impending pandemic. At present the outbreak, which began in 2022, has affected hundred of millions of birds on farms across 50 US states and more than 1,000 dairy cow herds. There have been 70 human cases in America, including one confirmed death—although these individuals are thought to have contracted the virus from animals. Meanwhile in the UK, seven human cases of the H5N1 virus have been detected since 2021—the most recent in January this year. Experts also expressed concern after the world's first case of bird flu in sheep was detected on a Yorkshire farm last month. In an interview with The Telegraph last year, one of the few bird flu survivors to have spoken publicly raised the prospect that, as the virus continues to spread, that it could also transmit between people. Nguyen Thanh Hung, from Hanoi, contracted the virus during a bird flu outbreak that swept Southeast Asia in 2005—infecting 44 people and killing 32. The car salesman who had a passion for long-distance running, then 42, fell ill after nursing his sick brother in hospital. His ordeal began in December, when he attended the funeral of his brother's son, which was held during Tet, which is Vietnam's equivalent to Thanksgiving. After the service Hung and his family had sat down to a meal of duck's blood soup, which is a local delicacy. Two days later, his brother developed a headache and breathing problems, and was taken to hospital. Hung rushed to his bedside, and stayed with him for the following five days as his condition steadily worsened. Struggling to breathe, he was put into intensive care, and given oxygen. Yet his brother kept on removing the oxygen mask, forcing Hung to lean across his body to replace it. 'I was about 30cm from his face,' he told writer Mark Honigsbaum, who tracked him down. Hung's brother lost his fight on January 9 and just days later, Hung also began suffering symptoms. X-rays revealed 'an ominous white shadow' on his lung and, when his temperature soared, he was admitted to the same hospital his brother died in. 'My whole skull was throbbing. I felt like I was going colour blind and the walls were pressing in on me,' recalled Hung. Lab tests then confirmed he had contracted H5N1—as had his late brother. 'I was quite scared at first, but by then I was starting to feel better,' he said. 'The fever and pain were over and I thought to myself, 'I'm through the worst'. Despite this, it was another ten days before Hung was well enough to be discharged. It is unclear exactly how he picked up the virus. It could have been the raw ducks blood soup—however Hung insists he barely touched it. More worrying is the possibility that he picked it up while nursing his brother in hospital, as it would provide proof the infection transmits from human to human. Also in 2005, an 11 year old Thai girl transmitted the disease to her mother and aunt, according to reports in the British Medical Journal. There is currently no evidence the disease is spreading between people. However experts have recently warned that the virus could be mutating to become more transmissible to humans. Professor Susan Hopkins, chief medical adviser at UKHSA, said in January, after the first confirmed human case in England: 'The risk of avian flu to the general public remains very low despite this case. 'We have robust systems in place to detect cases early and take necessary action, as we know that spillover infections from birds to humans may occur. 'Currently there is no evidence of onwards transmission. 'People are reminded not to touch sick or dead birds and it's important that they follow Defra advice about reporting any suspected avian influenza cases.'
