REG-TeliaSonera AB Telia Company: Telia Company’s Capital Market Day 2016 <Origin Href="QuoteRef">TELIA.ST</Origin>

Telia ABAnnouncement

21/06/2016 07:25

      Telia Company: Telia Companys Capital Market Day 2016    
      TeliaSonera AB (OSE:TEL) (STO:TLSN) (HEX:TLS1V) (LSE:TEE) (Nasdaq:TLSN)    
      Today Telia Company hosts its 2016 Capital Market Day at the new head       office in Solna, Stockholm. Presentations include updates on group       strategy and the financials together with a special section on the       Swedish operations. The full-year 2016 outlook is reiterated.    
      We are well on track on our change journey towards becoming a New       Generation Telco and to fully realize our potential in the Nordic &       Baltic region, where we aim to explore the opportunities opening up in a       fully digitalized society. We have leading positions in many segments in       these countries and while we aim to improve our position we are       committed to giving more to our customers over the coming years. We are       also well on track in our ambition to reduce our presence in region       Eurasia and to divest non-core assets. Our ambition remains firm to       restore ordinary corporate governance in Turkcell and to ensure we       create maximum value in our financial holding in MegaFon. Our balance       sheet remains solid and we are committed to our dividend and leverage       target, still with a clear ambition to do value creative M&A, says       Johan Dennelind, president and CEO of Telia Company.    
      The event starts at 13.00 CET and a link to the webcast and presentation       will then be available at www.teliacompany.com.    
      Telia Company reiterates its full-year guidance 2016:    
      EBITDA from continuing operations, excluding non-recurring items, in       local currencies, excluding acquisitions and disposals, is expected to       be in line or slightly above the level in 2015. 2016 is the peak year of       the increased investments in fiber, mobile coverage and transformation.       CAPEX for continuing operations, excluding license and spectrum fees, is       expected to be SEK 14-15 billion. Currency fluctuations may impact the       reported number in Swedish krona. For the fiscal year 2016, to be paid       in 2017, the ambition is to distribute a minimum of SEK 2 per share.    
      Telia Company AB discloses the information provided herein pursuant to       the Swedish Securities Markets Act and/or the Swedish Financial       Instrument Trading Act. The information was submitted for publication at       time 08.00 on 21 June, 2016.    
      Forward-Looking Statements    
      Statements made in the press release relating to future status or       circumstances, including future performance and other trend projections       are forward-looking statements. By their nature, forward-looking       statements involve risk and uncertainty because they relate to events       and depend on circumstances that will occur in the future. There can be       no assurance that actual results will not differ materially from those       expressed or implied by these forward-looking statements due to many       factors, many of which are outside the control of Telia Company.    
      Were Telia Company, the New Generation Telco. Our 21,000 talented       colleagues serve millions of customers every day in one of the worlds       most connected regions. With a strong connectivity base, were the hub       in the digital ecosystem, empowering people, companies and societies to       stay in touch with everything that matters 24/7/365 - on their terms.       Headquartered in Stockholm, the heart of innovation and technology,       were set to change the industry and bring the world even closer for our       customers. Read more at http://www.teliacompany.com/       .    
      Telia Company
press office
+46 771 77 58 30
Visit our       Newsroom or follow us on Twitter @Teliacompany.    
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160620006524/en/
      TeliaSonera AB