Iliad signals weaker cash flow as it steps up 5G spending
The Star Online - Tech·2021-05-18 19:04
(Reuters) - Iliad flagged a cut in its free cash flow target for this year as the French telecoms group steps up its spending on 5G networks, sending its shares sharply lower on Tuesday.
The company, controlled by billionaire Xavier Niel, said it would announce a new target in September, but did not say how much it planned to invest in next-generation mobile networks.
……Read full article on The Star Online - Tech
Business Entertainment Malaysia
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App