Telia profit up on Yoigo sale gain, improves dividend policy

(Telecompaper) Telia Company has met its outlook for a small increase in annual adjusted EBITDA in 2016 and forecast stable results for this year. In the fourth quarter, the company saw a sharp rise in net profit thanks to the profit on selling its Spanish operator Yoigo, and Telia expects to complete this year the sale of the rest of its Eurasia assets.