Monthly Archives: April 2007

Altimo backs Telia, Telenor mergers, swaps -report

Russian telecoms group Altimo is open to solutions in disputes with TeliaSonera  and Norway’s Telenor that could involve asset swaps or mergers, the company was quoted as saying on Saturday.

Altimo, part of the Alfa Group business of billionaire Mikhail Fridman, has fought Telenor for control of Kyivstar, the Ukrainian market leader, and of Russian number two mobile operator, U.S.-listed Vimpelcom.

TeliaSonera holds a 37.3 percent stake in Turkcell of Turkey and a 43.7 percent stake in Russian mobile operator MegaFon. Altimo has 13.2 percent of Turkcell and 25.1 percent of MegaFon.

Altimo’s chief financial officer, Teijo Pankko, speaking to Swedish newspaper Dagens Nyheter, gave details of what Altimo saw as possible deals.

“Neither TeliaSonera nor Telenor can consolidate their holdings in growth markets. Altimo can contribute with a solution,” Pankko was quoted as saying.

The newspaper said Pankko agreed with the idea that its holdings could be combined with a merged TeliaSonera and Telenor.

He said this would be a good solution, even if for competition reasons the two Nordic firms would have to sell some of their holdings.

“I think that a combination which included Altimo would be easier to bring about than a deal just between TeliaSonera and Telenor,” he was quoted as adding.

The newspaper said Altimo was also interested in becoming a shareholder in TeliaSonera via the 45 percent stake in the Nordic group which Sweden intends to privatise.

“If such a possibility would be offered to us we would definitely look at that. There is a great deal of logic in combining our holdings in Megafon and Turkcell,” he said.

He said Altimo often had discussions with TeliaSonera, though he stressed that no negotiations were taking place.

The newspaper said Altimo was also open to forming a separate company with TeliaSonera which would own each firm’s stakes in Turkcell and Megafon.

“That would create a strong engine for investments in new markets and new projects,” he said.

Pankko also noted Altimo and TeliaSonera were in the same boat as they now both had disputes with Turkcell owner Cukurova.

Altimo has opened a court case against Cukurova for contract breaches and wants repayment of $1.35 billion in debt.

Under a previous deal, Altimo lent Cukurova $1.7 billion and took a 13.22 percent stake in the Turkish telecom company.

This blocked a TeliaSonera plan to raise its stake in Turkcell and the Nordic firm went to court against Cukurova.

www.reuters.com

Management/staff offers LVL 290 million for Lattelecom

Lattelecom’s management and staff are offering TeliaSonera (the half-mother) and the government a total of LVL 290 million (around USD 580 million) for all of the fixed line operator, my one-time rival Baiba Rulle reports in Diena, the national daily.

The sum is around LVL 40 million above valuations for the company and apparently doesn’t include the 23 % of Latvian Mobile Telephone (LMT) held by Lattelecom. A new legal entity will be formed to hold the Lattelecom participation on behalf of the management and staff with the whole deal financed by “international banks”. Including the LMT holding, the amount paid for Lattelecom would be around LVL 450 million or USD 900 million, with around LVL 160 million to be recovered by selling 23 % of LMT to TeliaSonera.

To firm up the tentative committment to the buy-out by financial institutions, Lattelecom needs the government’s go-ahead for the management/staff buyout. This would allow the financiers of the deal to do a complete due diligence on the company, Lattelecom CEO Nils Melngailis told this blogger recently.

The news comes shortly after Lattelecom top executives apparently got the go-ahead for the buy-out from TeliaSonera, who sees this as a way out of its endless halfmotherhood. A proposal to swap the 49 % Lattelecom holding plus cash for the remaining part of LMT has been on the table for nearly a year with no clear response by the Latvian government.

For Lattelecom, some deal, any deal is necessary to set a medium and long-term direction for the company. While Lattelecom has chafed somewhat having to deal with the half-mother, falling 100 % into state ownership is seen as the worst possible outcome.

latviantelecoms.blogspot.com

TEO internetas lygu jokio interneto?

Jau ištisom savaitėm vargstu su TEO internetu.

Kalbu ne apie visoje Lietuvoje garsiai nuskambėjusius interneto dingimo atvejus. Dar ko aš tik džiaugiausi, kad galėjau pailsėti nuo kompiuterio, nes interneto jau tikrai tikrai nebus.

Aš kalbu apie kasdienius interneto trūkinėjimus ir lėtą jo veikimą. Lyg koks senas zaporožietis, bandai užvesti ir iš 20 000 karto gali jau važiuoti 10 km per valandą greičiu..
Kad ir dabar kol man pasikrovė Delfi tinklalapis,o vėliau Delfio blogas spėjau pasidaryt du sumuštinius, ramiai išgerti raudonos arbatos (be cukraus), įsijungti pažiūrėt ką įdomesnio rodo TV, netekęs kantrybės kelis kartus iš naujo įjungti internetą, surūkyti cigaretę (mesiu, pažadu) ir uolia – internetas veikia.

Buvo laikas, kai naiviai tikėjau, kad kaltė mano kompiuteryje. Gal koks virusas trukdo mano gyvenimui internete (kalbu ne apie Sandros papus, o apie … daug papų :)).
Tačiau dabar, kai manasis kompiuteris visiškai atsisakė veikti, sėdžiu prie mamos naujai įsigyto nešiojamo kompiuterio, kuris per savo trumpą epogėją dar nematė jokių sandrų ar kitų nekviestų internetinių kenkėjų.

Žinoma sunku skųstis, kai ir internetinį planą esi pasirinkęs ne iš geresniųjų (gal čia taip TEO keršija, kad gailim jiems pinigų už brangesnį interneto planą?)

Anksčiau pasaulis mane pažinojo, kaip TEO optimalaus plano naudotoją.

“Didelė sparta Lietuvoje ir užsienyje: iki 1024/768 kbps” skelbia reklama. Pradėjęs naudotis ta “didelė sparta” supratau, kiek daug reklamose reiškia tas žodelis IKI.
Siųsdamasis failus iš failų keityklos nematydavau didesnio greičio už 254 kb/s ir džiaugdavausi – vis šis tas.

Dabar taupumo sumetimais nauduoju patį pigiausią bazinį internetą – o jame mat nauja akcija net IKI 500 su kažkiek kb/s. Kur gi ne – dėl vos pasiekiamų 40 kb/s jau pamiršau ką reiškia ką nors parsisiųsti iš interneto.

Sau padariau tokią išvadą – niekada negalima pasitikėti populiariomis ir labai išreklamuotomis firmomis. Nes jos matyt ir yra lyderės, nes sutaupė pinigų, kuriuos turėjo išleisti savo produktų ar paslaugų kokybei gerinti. Ko mažiau pinigų sanaudom – tuo daugiau lieka reklamai.

Verta vien prisiminti visų minimas maximas ir akropolius – nesaugiausius pastatus visoje Lietuvoje. O ar galima kaltinti taupius, kiekvieną litą skaičiuojančius verslininkus – juk statybines medžiagos irgi kainuoja.

Internetas jau šiek tiek įsibėgėjo, galiu minimaliai naršyti po puslapius. Reiškias, mano zaporožietis jau pasiekė 10 km per valandą greitį. Gyvent internete dar galima.

Zebra – jis mires

blog.delfi.lt

TeliaSonera announces more spending cuts

 The telecommunications company TeliaSonera announced on Tuesday that it was implementing further measures aimed at cutting costs. The statement came as the company reported its first quarter results. According to the figures, the result for January through March was EUR 499 million, up from EUR 465 million a year ago.

     The improved figures were seen as disappointing, and the company’s share price plunged by 2.7 per cent in Tuesday’s trading. Markets were equally unimpressed by the announcement by President and CEO Anders Igel that further cost-cutting measures were in store.
     
The TeliaSonera Board of Directors discussed the Q1 results already on Monday evening, and decided on new efficiency measures, after the numbers showed a decrease in the profitability of the company’s broadband business.
     The company would not say which parts of its business activities would be affected by the cuts.
     However, the greatest reductions are expected in landline telephone operations and broadband services.
     Igel noted that profit margins in broadband service have declined, especially in Sweden.
     
Igel also predicted that the landline network for telephone services would die away in ten years. Revenue from landline telephony has decreased so much in Finland, that TeliaSonera is running the service at a loss. 

     Broadband services using copper wire have not managed to offset the losses arising from reduced landline telephone services. TeliaSonera’s broadband activities actually declined in the first quarter of this year.
     Igel emphasised that personnel cuts cannot be ruled out.
     
TeliaSonera is currently implementing a cost-cutting programme launched in 2005, which is expected to bring savings of between EUR 750 million and EUR 850 million by the end of this year. However, implementation of the programme has been slow, especially in Sweden.
     The company announced on Tuesday that it would speed up the implementation.
     
Last week TeliaSonera announced plans to cut between 160 and 180 jobs in its broadband business in Finland. However, this reduction will only cover a small portion of the savings that are being sought.
     Igel said that the programmes aimed at greater efficiency will be carried out this year, and that all necessary decisions would be made before the end of the year, but some of the effects will not be seen until 2008.
     The current cost-cutting programme aims at eliminating 3,000 jobs in Sweden over the next three years.
     
News of further cost-cutting came as a shock to TeliaSonera personnel. Taru Maria Solakivi, chief shop steward of TeliaSonera in Finland, found it hard to imagine how the belt could be tightened any further.
     TeliaSonera’s personnel in Finland has declined by about 1,000 to 6,100 in the past two years.
     Solakivi took part in the meeting of the TeliaSonera Board where the decision was made on new efficiency measures. The board did not specify any concrete goals, numbers, or schedules, leaving those matters up to the company’s management and organisation.
     The Finnish chief shop steward sees the board’s move to be primarily aimed at promoting profits for TeliaSonera’s shareholders.
     
The company’s turnover grew by 3.4 per cent in the first quarter of the year. The gross margin percentage, which reflects profitability, went down from last year’s 35.6 per cent to 33.4 per cent.

www.hs.fi

TELIASONERA: Sonera clarifies pricing of broadband subscriptions

Sonera clarifies pricing of broadband subscriptions and lowers prices of fastest subscriptions Sonera is clarifying the pricing of its broadband subscriptions by significantly reducing the number of price areas and introducing different pricing models for city centres and thinly populated areas.

At the same time, the company lowers the prices of especially higher transmission rate subscriptions. The transmission rates of Sonera Broadband are 1 Mbit/s, 2 Mbit/s, 8 Mbit/s and 24 Mbit/s. The maximum transmission rate of fibre-optic based subscriptions offered in the big cities is up to 100 Mbit/s. In thinly populated areas, the price level of the subscriptions is a few euros higher than in city centres, depending on the area and transmission rate class.

Sonera also lowers the prices of the fastest subscriptions in particular. “High-speed broadband is needed, as broadband is fast becoming the communication centre of the digital home. In future, people will watch TV via broadband.

The next step will be home voice communications migrating to broadband,” says Janne Yli-Äyhö, Senior Vice President, Broadband Services, Sales and Marketing. ”A large number of our new customers have already chosen a subscription of at least 2 Mbit/s. Therefore, we want to offer a competitive alternative not only to the basic users, but also to more advanced users. This view is supported by the fact that we are building out 100 Mbit/s transmission rate connections in the 15 biggest cities, as previously announced,” adds Janne Yli-Äyhö. Improved broadband services At the same time, Sonera introduces some changes to its broadband services, among others the e-mail services and the Sonera Tietoturva information security service, and removes from the offering some of its low-demand free-of-charge services.

The size of the e-mail boxes is in future 50 MB and broadband subscriptions include five e-mail boxes. The Sonera Tietoturva information security service, which is subject to a monthly charge, will in future offer protection for three computers (previously only one). Current customers can, if they so wish, change their subscription into a new broadband subscription. Customers wishing to make changes to their broadband services are automatically offered the opportunity to upgrade the subscription to a new one. “The broadband service changes are based on an extensive user survey that showed that our customers want improvements particularly in basic services,” says Janne Yli-Äyhö.

For further information journalists can contact: Janne Yli-Äyhö, Senior Vice President, Broadband Services, Sales and Marketing, TeliaSonera in Finland, tel. +358 (0)400 410698, e-mail: firstname.lastname@teliasonera.com Seppo Hakanen, Sales Director, Broadband Services, TeliaSonera in Finland, tel. +358 (0)40 842 1848, e-mail: firstname.lastname@teliasonera.com Press service +358 2040 60235

TeliaSonera’s Q1 results: a mixed picture

TeliaSonera announced its Q1 results yesterday. Revenues were up 3.4% year-on-year to SEK 22.7 billion (€2.47 billion), EBITDA (excluding non-recurring items) fell by 3% to SEK 7.6 billion and net income rose by 7.2% to SEK 4.6 billion. In addition, the company’s free cash flow fell by an alarming 48% to SEK 2.5 billion. President and CEO Anders Igel was understandably less enthusiastic about these results than he has been at previous results briefings, in particular he highlighted his concern about the margin within broadband services, where he feels extra efficiency measures are needed.

Comment: TeliaSonera’s results continue to paint a mixed picture. Of its four business segments (Mobility Services, Broadband Services, Integrated Enterprise Services, and Eurasia) the Eurasian segment fared best, with sales growth of 10.4% when compared with the same period last year. The Mobility Services segment also performed well, with sales growth of 4.2%. On the flip side of the coin, the remaining two divisions did not perform so well. The Integrated Enterprise Services segment experienced only a slight increase in sales on last year’s figure, despite the acquisition of Cygate, while the Broadband Services segment (which includes the traditional telephony division) experienced a slight decline in sales when compared with the same period of 2006, despite the acquisition of NextGenTel in Norway.  TeliaSonera’s Mobility Services segment fared well, particularly across its home markets, against a backdrop of declining interconnect fees. Swedish sales for the first quarter were up 3.7% over and above the same period the year before, bringing the corresponding EBITDA margin up 4.4 percentage points to 42.7%. Finnish sales for the same period were up 4.3% compared with a year ago, marking an impressive turnaround, and bringing its corresponding EBITDA margin up 12.9 percentage points to 34.7%. Yoigo, the company’s Spanish mobile operator, which launched in December 2006, broke the 100,000 subscription barrier during the first quarter of 2007, which we feel is a positive start given the fierce competition in the market.By combining traditional telephony and the international carrier business into Broadband Services, TeliaSonera was hoping that growth in services such as broadband, IPTV and VoIP would compensate for the inevitable decline in its traditional telephony business. Worryingly, the Broadband Service segment’s EBITDA for the first quarter of 2007 was down 14.5% when compared with the same period in 2006. This was largely attributable to the Swedish market, as a result of declining fixed voice sales, storm damage and heavy investment in the company’s IPTV rollout. It has prompted a realisation that the ongoing restructuring programmes will not stem the tide of fixed voice decline (fixed voice subscriptions fell by 104,000 across the company over the period in question). As a result, it has been proposed that additional efficiency measures must be taken. TeliaSonera continues to rely heavily on its Eurasian segment to drive growth, a trend which we believe will not change in the near future. Other areas such as broadband, its IPTV offering and its Integrated Enterprise segment hold the key to the company’s potential in its domestic markets, given the on-going decline in fixed voice revenues.

www.ovum.com

Sweden appoints advisers for TeliaSonera stake sale

Sweden’s government has appointed investment banks UBS and Deutsche Bank to advise it on the planned sale of part of its 45.3% stake in national PTO TeliaSonera, according to the Financial Times. Despite the news, the government insisted yesterday that no deal was imminent. The state’s holding is worth around SEK124 billion (USD18.3 billion), and the planned sale forms part of a privatisation programme involving six companies earmarked for sale in the short-term.

www.telegeography.com

Turkcell suitor TeliaSonera sees Q1 profits lag

TeliaSonera, the Nordic region’s biggest telecom operator, posted first-quarter core earnings just below market expectations on Tuesday. The positive earnings value occurred in spite of an imperfect year, including an unrealized goal of buying Turkcell completely. TeiaSonera stood by its outlook of somewhat higher income this year.

  The company, one of six on the Swedish government’s privatization list, reported earnings before interest, tax, depreciation and amortization (EBITDA), excluding extraordinary items, of 7.58 billion Swedish crowns ($1.12 billion).

  This compared with the average forecast in a Reuters poll of 7.75 billion crowns, down from 7.82 billion a year ago.

  The company repeated its forecast of somewhat higher net income this year over 2006 and said it expected net sales to rise to around 100 billion crowns during 2008.

  The firm, whose main rivals include Norway’s Telenor and Sweden’s Tele2, has been expanding out of its mature Nordic home market in search of higher growth in emerging markets such as Turkey, Russia and the Baltic states.

  But the expansion has not been without problems.

  

Foiled plans

  The firm’s plan to boost its 37 percent stake in Turkcell was thwarted by Russian Alfa’s purchase of shares in the Turkish telecom operator, and TeliaSonera said earlier this year it wanted take full control of the firm or sell its stake.

  While efforts to boost growth further abroad have been hampered by rivals, TeliaSonera has sought to trim costs in its home markets to boost profitability.

  “I am satisfied with the top-line growth and the bottom line but I am concerned about the margin within Broadband Services,” Chief Executive Anders Igel said.

  “Therefore further efficiency measures are needed in addition to the ongoing programs to continue addressing the migration from traditional services.”

  The EBITDA margin in the group’s broadband unit fell to 28.8 percent in the first quarter from 33.7 percent in the corresponding period of last year.

  The firm said in the report it estimated restructuring measures would cost 1.5 billion crowns during the rest of the year to help generate savings of 2.3 billion by 2008.

www.turkishdailynews.com.tr

Kuo lietuviai skundžias labiausiai?

Nutariau panagrinėti kokiomis įmonėmis labiausiai skundžiasi lietuviai. Tam naudojau Google paieškos sistemą ir skundų knygą internete “Skundai.lt“. Naudodamasis Google paieškos sistema ieškojau, kokiomis įmonėmis (prekių ženklais) labiausiai skundžiasi lietuviai. Penketukas jų, nors ir subjektuvus (naudojant tik paieškos rezultatus), atrodytų taip:

  1. TEO10200 paieškos rezultatai (puslapiai).
  2. RIMI10000 paieškos rezultatai (puslapiai).
  3. IKI3430 paieškos rezultatai (puslapiai).
  4. Maxima – 1280 paieškos rezultatai (puslapiai).
  5. Tele2 – 1250 paieškos rezultatai (puslapiai).

Aišku toks vertinimas yra tik remiantis paieškos rezultatais, bet vis dėlto parodo, kokių žodžių  yra daugiausiai skundų knygoje. Kaip matyti, lietuviai labiausiai skundžiasi telekomunikacijų bendrovėmis ir prekybų centrais. Įdomu, kodėl?..

p.s. Gal Jums pavyks rasti prekinį ženklą, kuriuo skundžiamasi dar labiau?

www.blogas.lt

Government looks at plans to split up TeliaSonera

Gyventojams, kurie pateikė teisingą pajamų deklaraciją elektroniniu būdu, permoka gali grįžti ne per 10 dienų, o dar 1-3 dienomis ilgiau. Viena to priežasčių – pastarosiomis dienomis visoje šalyje strigęs AB TEO LT interneto ryšys, praneša Valstybinė mokesčių inspekcija.

“Šiuo metu permokos 1-3 d. vėluoja tik 1% deklaruojančiųjų”,- teigia Dainius Daugirda, Valstybinės mokesčių inspekcijos (VMI) viršininko pavaduotojas. BNS naujienų agentūra pranešė, kad duomenis dar tikslino darbdaviai, kompiuterių prekybos įmonės, universitetai ir kitos įstaigos.

“Dėl dingusio interneto ryšio permokos gali vėluoti, nes VMI nuolat atnaujinamos įvairios programos ir tokie trikdžiai turi įtakos. Papildomos 1-3 dienos yra ilgiausias papildomas terminas”, – sako Arūnas Armalis, VMI atstovas.

100.000 gyventojų grąžinta per 74 mln. Lt. Pastarosiomis dienomis kiekvieną dieną permoką gauna 10.000-20.000 deklaravusiųjų pajamas. Pernai tuo pačiu metu permoką buvo gavę tris kartus mažiau gyventojų (apie 30.000), jiems buvo grąžinta 17 mln. Lt.

www.vz.lt