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Eltel AB (ELTEL.ST)

ELTEL.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Eltel Signs Renewal Of Three-Year Telecom Frame Agreement In Finland Worth About EUR 39 Million
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Eltel AB ::ELTEL SIGNS RENEWAL OF THREE-YEAR TELECOM FRAME AGREEMENT IN FINLAND WORTH ABOUT EUR 39 MILLION.AGREEMENT PERIOD STARTS FEBRUARY 2019 AND IS VALID UNTIL END OF JANUARY 2022..AGREEMENT IS WORTH ABOUT EUR 39 MILLION..  Full Article

Eltel Signs Two-Year Agreement With TDC In Denmark
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Eltel AB ::ELTEL SIGNS A TWO-YEAR AGREEMENT WITH TDC IN DENMARK WORTH ABOUT EUR 20 MILLION.ELTEL'S PART OF CONTRACT IS WORTH ABOUT EUR 20 MILLION.AGREEMENT IS VALID FOR TWO YEARS FROM JUNE 2019 UNTIL JUNE 2021.POSSIBILITY OF ONE YEAR EXTENSION.  Full Article

Eltel Unit Sins Frame Agreement Worth EUR 29 Million
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Eltel AB ::ELTEL'S COMMUNICATION BUSINESS IN DENMARK SIGNS THREE-YEAR FRAME AGREEMENT WORTH EUR 29 MILLION.AGREEMENT IS WORTH ABOUT EUR 29 MILLION.FRAME AGREEMENT IS VALID FOR THREE YEARS FROM JANUARY 2019 UNTIL JANUARY 2022.ELTELS COMMUNICATION BUSINESS IN DENMARK HAS SIGNED A THREE-YEAR FTTH FRAME AGREEMENT WITH FIBIA.  Full Article

Eltel's Power Business Signs Frame Agreement In Finland
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Eltel AB ::ELTEL'S POWER BUSINESS IN FINLAND SIGNS TWO-YEAR FRAME AGREEMENT WORTH EUR 13.6 MILLION.FRAME AGREEMENT IS VALID FOR TWO YEARS FROM MARCH 2019 UNTIL END OF MARCH 2021..ELTEL'S POWER BUSINESS IN FINLAND HAS SIGNED A TWO-YEAR FRAME AGREEMENT WITH CARUNA.AGREEMENT IS WORTH ABOUT EUR 13.6 MILLION..  Full Article

Eltel Divests Rail Operations In Norway
Monday, 9 Jul 2018 

Eltel AB ::ELTEL DIVESTS RAIL OPERATIONS IN NORWAY.EXPECTED CASH FLOW EFFECT IS EUR -0.7 MILLION, EXPECTED TO OCCUR IN Q3 OF 2018.TODAY SIGNED AN AGREEMENT TO DIVEST ITS NORWEGIAN RAIL OPERATIONS TO ÆRA AS.  Full Article

Eltel signs letter of intent to divest rail ops in Sweden
Monday, 12 Mar 2018 

March 12 (Reuters) - Eltel Ab ::ELTEL SIGNS A LETTER OF INTENT TO DIVEST ITS RAIL OPERATIONS IN SWEDEN.PARTIES AIM TO FINALISE AND COMPLETE TRANSACTION DURING H1 2018.‍TO DIVEST ITS SWEDISH RAIL OPERATIONS, TO STRUKTON RAIL AB​.XPECTED TO BE COMPLETED DURING 2019..TRANSACTION IS SUBJECT TO CUSTOMER APPROVAL OF TRANSFER OF CONTRACTS..‍TRANSACTION,WILL HAVE A NEGATIVE EBITA AND NEGATIVE CASH FLOW EFFECT EACH ESTIMATED TO BE ABOUT EUR 6.5 MILLION​.SAYS ‍WILL HAVE A NEGATIVE EBITA AND NEGATIVE CASH FLOW EFFECT EACH ESTIMATED TO BE APPROXIMATELY EUR 6.5 MILLION, TO OCCUR AT TIME OF COMPLETION OF TRANSACTION​.SAYS ‍ELTEL HAS TODAY SIGNED A LETTER OF INTENT TO DIVEST ITS SWEDISH RAIL OPERATIONS, CONSISTING OF KEY CUSTOMER CONTRACTS, EMPLOYEES AND OPERATIONAL EQUIPMENT, TO STRUKTON RAIL AB​.  Full Article

Eltel To Divest Rail Business Operations In Denmark
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Eltel Ab ::ELTEL SIGNS A LETTER OF INTENT TO DIVEST ITS RAIL BUSINESS OPERATIONS IN DENMARK.UNDER LETTER OF INTENT, PARTIES AIM TO FINALISE DEFINITIVE TRANSACTION BY 31 JANUARY 2018.‍PARTIES AIM TO FINALISE DEFINITIVE TRANSACTION BY 31 JANUARY 2018.​.CONTRACT IS VALID UNTIL MARCH 2019 WITH A ONE-YEAR PROLONGATION OPTION.NEGATIVE CASH FLOW EFFECT OF DKK 18 MILLION, EXPECTED TO OCCUR IN THE FOURTH QUARTER 2017 AND Q1 2018.  Full Article

Eltel Wins Two-Year Contract With Telia In Finland
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Eltel Ab ::ELTEL WINS A TWO-YEAR NATIONWIDE SERVICE CONTRACT WITH TELIA IN FINLAND.WON A TWO-YEAR SERVICE CONTRACT WITH TELIA FINLAND OYJ AT AN EXPECTED VALUE OF APPROXIMATELY EUR 30 MILLION PER YEAR.  Full Article

Eltel Signs Amendment To LoI To Divest Power Transmission International
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Eltel Ab ::ELTEL SIGNS AN AMENDMENT TO THE LETTER OF INTENT TO DIVEST POWER TRANSMISSION INTERNATIONAL.ELTEL AB - TOTAL COST FOR ELTEL OF DISCONTINUING POWER TRANSMISSION INTERNATIONAL IS ESTIMATED TO AMOUNT TO ABOUT EUR 40 MILLION.ELTEL AB - RAMP DOWN AND DISCONTINUATION PROCESS IS EXPECTED TO BE COMPLETED IN 2019.ELTEL AB - NEGATIVE FINANCIAL EFFECT OF TRANSACTION IS EXPECTED TO BE LOWER THAN ESTIMATED TOTAL RAMP DOWN COST OF EUR 40 MILLION.ELTEL AB - UNDER AMENDED LETTER PARTIES NOW AGREE TO EXTEND SIGNING AND COMPLETION OF TRANSACTION TO OCCUR BEFORE FEB-END.  Full Article

HiQ International and Eltel Expand Their Cooperation To Poland
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Hiq International Ab ::ELTEL AND HIQ EXPAND THEIR COOPERATION TO POLAND.‍HIQ ESTABLISHES A NEW UNIT IN POLAND TO SUPPORT ELTEL'S INTERNATIONAL BUSINESS.​.‍HIQ TEAM SUPPORTS ELTEL'S BUSINESS-DRIVEN IT PROJECTS IN POLAND​.  Full Article