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Debt-laden Sonera to offer new shares, halt 3G efforts

Article Abstract:

Sonera Corp. will make a new share offering worth 1 billion euros to existing shareholders. The company will also halt its wireless expansion plans worldwide as it deals with major debts.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Securities issued, listed, Management, Securities, Debt

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Debt plan is focus of Sonera investors

Article Abstract:

Sonera Corp. is forecasting a pretax loss for the 2001 second-quarter. However, investors are expected to focus on the company's debt reduction plan.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001

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Sonera posts 11% increase in revenue

Article Abstract:

Sonera Corp. posted an increase of 11% in its revenues for the 2001 second-quarter. The company posted 557 million euros in revenues for the period.

Author: Harris, Edward
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001

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Subjects list: Finland, Finance, Telecommunications services industry, Telecommunications industry, Sonera Corp.
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