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Telia Company AB (TELIA.ST)

TELIA.ST on Stockholm Stock Exchange

37.22SEK
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Coor extends Nordic IFM contract with Telia Company
Friday, 29 Sep 2017 02:30am EDT 

Sept 29 (Reuters) - COOR SERVICE MANAGEMENT HOLDING AB ::COOR EXTENDS NORDIC IFM CONTRACT WITH TELIA COMPANY.COOR EXTENDS NORDIC IFM CONTRACT WITH TELIA COMPANY.‍EXTENDED A PAN-NORDIC INTEGRATED FACILITY MANAGEMENT (IFM) DEAL WITH TELIA COMPANY​.  Full Article

Telia reaches global settlement with authorities regarding Uzbekistan investigation
Thursday, 21 Sep 2017 02:00pm EDT 

Sept 21 (Reuters) - Telia :Telia company reaches a global settlement with the authorities regarding Uzbekistan investigation.Announces global settlement reached with U.S. DOJ, securities and exchange commission and dutch public prosecution service.Global resolution brings an end to all known corruption related investigations or inquiries into telia company.Co has agreed to a total financial sanction of $965 million.Swedish prosecutor's investigation into individuals still ongoing and co may be subject to disgorgement proceedings resulting from investigation.  Full Article

Telia settles bribery case by U.S. SEC
Thursday, 21 Sep 2017 11:59am EDT 

Sept 21 (Reuters) - SEC SAYS TELIA VIOLATED U.S. LAW BY AGREEING TO MAKE CORRUPT PAYMENTS TO UZBEKISTAN GOVERNMENT OFFICIALS TO OBTAIN BUSINESS:.  Full Article

Telia settles U.S. bribery case
Thursday, 21 Sep 2017 09:15am EDT 

Sept 21 (Reuters) - TELIA ADMITS, ACCEPTS AND ACKNOWLEDGES RESPONSIBILITY FOR ALLEGED WRONGDOING, ACCORDING TO THE DEFERRED PROSECUTION AGREEMENT:.  Full Article

Telia sells 153.5 mln Turkcell shares in placing
Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - Telia :Result of placing of ordinary shares in Turkcell.Says following completion of placing and sale, Telia Company will own 24.0 percent of issued share capital of Turkcell through its ownership in Turkcell Holding.Says through placing, Sonera Holding B.V., a wholly owned subsidiary of Telia Company, has agreed to sell an aggregate of 153.5 million ordinary shares in Turkcell at a price of TRY 11.60 per ordinary share.  Full Article

UPDATE 1-Russia's Alfa interested in buying Cukurova's Turkcell stake - sources

ISTANBUL, Nov 10 Russia's Alfa Telecom is interested in increasing its stake in mobile operator Turkcell by buying out Turkish firm Cukurova, which missed a recent debt repayment and could consider offers, two sources close to the matter told Reuters.