TeliaSonera cuts 2009 sales outlook, welcomes financial crisis

TeliaSonera, a dominant telephone company and mobile network operator in Sweden and Finland, announced that the economic slowdown is now hitting consumer demand in several of its markets, particularly in Eurasia. Simply put, TeliaSonera foresees a bad future and wants to get prepared for the worst. That’s a warning sign for changed customer behavior and a possibility for further cuts if the economic slowdown keeps up. Cloudy days for TeliaSonera and that’s not because of the weather.

[via]



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