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Telia Company AB (TELIA.ST)

TELIA.ST on Stockholm Stock Exchange

42.12SEK
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Latest Key Developments (Source: Significant Developments)

Hélène Barnekow to leave Telia Sweden
Monday, 9 Apr 2018 01:45am EDT 

April 9 (Reuters) - Telia Company AB ::HÉLÈNE BARNEKOW WILL LEAVE TELIA SWEDEN.SAYS ‍HÉLÈNE BARNEKOW, EXECUTIVE VICE PRESIDENT AND CEO OF TELIA SWEDEN, HAS RESIGNED AND WILL BE LEAVING HER POSITION​.SAYS ‍JOHAN DENNELIND, PRESIDENT & CEO OF TELIA COMPANY, WILL TEMPORARILY ASSUME ROLE OF CEO OF TELIA SWEDEN UNTIL A PERMANENT SOLUTION IS IN PLACE​.  Full Article

Telia Company agrees to divest its interest in Azercell
Monday, 5 Mar 2018 05:00am EST 

March 5 (Reuters) - Telia ::COMPANY AGREES TO DIVEST ITS INTEREST IN AZERCELL.SAYS ‍FINTUR HOLDINGS B.V. (FINTUR), JOINTLY OWNED BY TELIA COMPANY AND TURKCELL, HAS AGREED TO SELL ITS 51.3 PERCENT HOLDING IN AZERTEL SOLE SHAREHOLDER OF THE AZERI TELECOMMUNICATIONS OPERATOR AZERCELL, TO AZINTELECOM, A COMPANY WHOLLY OWNED BY THE REPUBLIC OF AZERBAIJAN​.SAYS ‍AGREED PRICE FOR FINTUR'S 51.3 PERCENT IN AZERTEL IS EUR 222 MILLION, WHICH IMPLIES AN EQUITY VALUE OF EUR 432 MILLION FOR 100 PERCENT OF AZERCELL AND AN ENTERPRISE VALUE OF EUR 197 MILLION ON A CASH AND DEBT FREE BASIS​.SAYS ‍PRICE CORRESPONDS TO AN EV/EBITDA MULTIPLE OF 2.1X BASED ON 2017​.SAYS ‍PRIOR TO SIGNING TRANSACTION, TELIA COMPANY COMPLETED STRICT COMPLIANCE AND PURCHASER DUE DILIGENCE AND IS SATISFIED THAT ALL RELEVANT CHECKS AND CONTROLS HAVE BEEN CARRIED OUT WITH SATISFACTORY RESULTS​.  Full Article

Telia Company says not in discussions with TDC
Monday, 12 Feb 2018 06:53am EST 

Feb 12 (Reuters) - Telia ::COMPANY NOT IN DISCUSSIONS WITH TDC.SAYS ‍TELIA COMPANY CONFIRMS THAT AS PART OF STRATEGIC REVIEW REGARDING OUR POSITION IN DENMARK WE HAVE INVESTIGATED OUR VARIOUS ALTERNATIVES WHICH HAVE INCLUDED ALSO A POSSIBLE ACQUISITION OF TDC​.SAYS ‍TELIA COMPANY CONFIRMS THAT IT IS NOT PRESENTLY IN DISCUSSIONS WITH TDC.​.  Full Article

Telia CEO says actively looking to add fixed-line offering in Norway
Friday, 26 Jan 2018 04:44am EST 

Jan 26 (Reuters) - Telia Company CEO Johan Dennelind told tele conference::SAYS ACTIVELY LOOKING TO ADD FIXED-LINE ASSETS IN NORWAY.SAYS COULD BE EVERYTHING FROM STRATEGIC PARTNERSHIPS TO ENBABLE US TO OFFER COMBINED SERVICES TO M&A IN THE FIXED SPACE OF NORWAY.  Full Article

Telia buys Finland's Inmics
Monday, 18 Dec 2017 02:08am EST 

Dec 18 (Reuters) - Telia Company Ab ::TELIA COMPANY ACQUIRES THE FINNISH ICT COMPANY INMICS OY.TELIA SAYS ‍BOUGHT COMPANY HAS AN ENTERPRISE VALUE OF EUR 75 MILLION ON A CASH AND DEBT FREE BASIS​.  Full Article

Telia says ‍senior vice president Robert Andersson to leave company
Friday, 15 Dec 2017 02:00am EST 

Dec 15 (Reuters) - Telia ::SAYS ‍ROBERT ANDERSSON, SENIOR VICE PRESIDENT AND HEAD OF CORPORATE HOLDINGS, WILL BE LEAVING TELIA COMPANY.ROBERT ANDERSSON, WHO WILL NOT BE REPLACED, WILL STAY WITH TELIA COMPANY FOR A PERIOD OF TIME TO ENSURE A PROPER HAND OVER OF HIS RESPONSIBILITIES TO CURRENT MEMBERS OF THE GROUP EXECUTIVE MANAGEMENT TEAM​.  Full Article

Telia Company says intends to buy back outstanding bonds
Friday, 10 Nov 2017 05:15am EST 

Nov 10 (Reuters) - Telia Company Ab :Telia company intends to buy back outstanding bonds.Says announces an invitation to holders of its outstanding EUR 500,000,000 1.375 percent, Notes due February 18, 2019, EUR 750,000,000 4.25 percent, Notes due February 18, 2020, EUR 850,000,000 4.750 percent, Notes due November 16, 2021, and EUR 680,000,000 4.00 percent, Notes due March 22, 2022 to tender their securities, in each case for purchase by the issuer for cash subject to satisfaction or waiver of certain conditions described in a tender offer memorandum dated November 10, 2017.Tender Offers constitute part of the Issuer's ongoing balance sheet management aiming to pro-actively optimize its liability structure and manage upcoming debt redemptions.  Full Article

Telia says to assess options after Latvia says no LMT-Lattelecom merger
Tuesday, 7 Nov 2017 09:53am EST 

STOCKHOLM, Nov 7 (Reuters) - Nordic telecom operator Telia Company ::** Said in a statement would assess its options in Latvia after the Latvian government on Tuesday decided to reject a proposed merger of Latvian operators LMT and Lattelecom.** Telia owns 60.3 pct in mobile operator LMT and 49 pct in fixed network firm Lattelecom, Latvian state owns the remainder .** Said Latvian government had rejected solutions recommended by independent consultants and its own inter-ministerial working group.** "Telia Company will now take stock of the situation and the details of the government's decision and assess its options," Telia said in the statement .** Said has "over the past decade...put forward every single option to the government – to buy, to sell, to merge and different ownership structures, which have now all been rejected".  Full Article

Telia Q3 core profit meets forecast, repeats 2017 outlook
Thursday, 19 Oct 2017 01:00am EDT 

Oct 19 (Reuters) - Telia Company : :Q3 ‍adjusted ebitda, decreased 3.6 percent to SEK 6,604 million​.Says ‍outlook for 2017 is reiterated​.Reuters poll: Telia q3 core ebitda was seen at sek 6,609 million, revenues at sek 19,622 million.Says ‍we reiterate our outlook for full year 2017, both on EBITDA and operational free cash flow​.Says ‍for Fintur holdings we see continuous progress and high activity and it is still our ambition to divest these assets before year-end, even if I will not set that as a firm deadline​.Says ‍we are comfortable of reaching ambition of 5 percent operational expense cut in second half of 2017 in Sweden .Says ‍in 2017 we have been prepared to connect just as many households to our future proof fiber technology as in 2016..Says ‍our ambition to reduce our cost base (amounting to an expected SEK 38 billion in 2017) by 3 percent, on a net basis in 2018 over 2017, is on track..  Full Article

Telia sells 38.5 million shares in Megafon
Tuesday, 3 Oct 2017 02:08am EDT 

Oct 3 (Reuters) - Telia :Result of placing of ordinary shares in Megafon.Says ‍has agreed to sell an aggregate of 38.5 million ordinary shares in Megafon at a price of RUB 585 per ordinary share​.Says ‍raising gross proceeds of RUB 22,522 million (equivalent to approximately SEK 3.2 billion) with pro forma positive effect on net debt to EBITDA by approximately 0.1x​.Says ‍following completion of placing, Telia company owns approximately 19.0 percent of issued share capital of Megafon​.Says ‍transaction has no impact on Telia company's guidance for full year 2017​.  Full Article

Sweden's Telia expands media business with $1 billion deal for Bonnier Broadcasting

STOCKHOLM Sweden's Telia Company announced a $1 billion deal to buy Bonnier Broadcasting on Friday, its second major acquisition in a week as the top Nordic telecoms operator looks to expand its media business.