Home › Tele2 drops extra dividend in order to conserve cash
 

Keywords :   


Tele2 drops extra dividend in order to conserve cash

2020-04-21 09:19:00| Telecompaper Headlines

(Telecompaper) Tele2 has abandoned plans to pay an extraordinary dividend from its 2019 results, saying it's better to conserve cash due to the uncertain economic outlook. The Swedish operator also withdrew its guidance for 2020 but said it was on track with its medium-term targets. 

Tags: order extra cash drops

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
21.11Strengthening Healthcare Operations Through Cyber Resilience
Telecommunications »
05.12Barriers beyond tariffs
05.12Cattle markets eye recovery after political selloff
05.12Netflix reportedly closes in on Warner Bros deal
05.12What are freeze-dried sweets and why are they popular?
05.12Meta shifts some metaverse investments to AI smart glasses
05.12Taiwan bans Chinese app RedNote over fraud concerns
05.12Taiwan to ban Chinese app RedNote over fraud concerns
05.12Details of plan to keep pubs open longer for World Cup revealed
More »