STOCKHOLM (Reuters) – Nordic telecom operator Telia reported on Wednesday quarterly core earnings that exceeded market expectations, helped by growth in its telecom business.
Second-quarter adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) rose 0.3% to 7.68 billion Swedish crowns ($752.28 million) from a year earlier, beating the mean forecast of 7.54 billion crowns, according to Refinitiv estimates.
($1=10.2089 Swedish crowns)
(Reporting by Supantha Mukherjee in Stockholm; Editing by Clarence Fernandez)
