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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?


To: synchro_fan who wrote (288)2/19/2001 7:33:51 PM
From: bob zagorin  Respond to of 3294
 
swedish telcom beat estimates today. here are some comments.
"...Still, Telia said price reductions and stiffer competition during the year hurt its overall sales growth, causing a 9.4% decline in fixed-line sales in Sweden. But the company said it showed a significant improvement in that business during the fourth quarter.

Telia President and Chief Executive Marianne Nivert also said she expects sustained sales growth. "Robust growth in mobile communications, the establishment of Telia in the international carrier market, and new broadband services for the consumer market in Sweden are creating good conditions for sustained revenue growth...."