Telia posts SEK 8.8 bln loss on Uzbekistan settlement

(Telecompaper) Telia reported a net loss of SEK 8.81 billion for the third quarter, compared to a profit of SEK 4.59 billion a year ago, due to provisions of SEK 12.5 billion for settling investigations into alleged corruption in obtaining its licence in Uzbekistan. Underlying profit from continuing operations, which excludes its activities in Eurasia and Spain up for sale, was up 0.4 percent year-on-year to SEK3.60 billion. Telia completed the sale of Yoigo in Spain during the quarter and said