TeliaSonera outlines shape of year-end results

Nordic telco TeliaSonera, has outlined a number of non-recurring items that it says in total will have a positive impact on operating income of SEK189 million (€21.75 million) for the fourth quarter of 2012, and has said it will benefit from a positive one-time effect of SEK1.225 billion related to a net deferred tax liability, as a result of the reduction of the corporate income tax in Sweden from 26.3% to 22%.

The non-recurring items relate to a non-cash goodwill impairment charge in Norway related to NetCom, a capital gain from its reduction in its stake in Russia’s Megafon and the divestiture of Norway’s NextGenTel.