TLSNF - Telia Company: Affected By COVID-19 But Core Business Remains Strong
On Friday, July 17, 2020, Swedish telecommunications giant Telia Company AB (TLSNF) announced its second-quarter 2020 earnings results. At first glance, these results were mixed, as the company posted year-over-year revenue growth but still announced a net loss. A closer look at the actual results does show a few things to like here, but overall, I would up walking away rather underwhelmed by the company's performance. As I have pointed out in a few recent articles, telecommunications companies have been somewhat more resistant to the COVID-19 economic shutdowns than other firms, and we