Telia Company, the Swedish multinational telco, has announced that its Board of Directors has appointed Patrik Hofbauer as President and CEO, effective February 1st 2024. Hofbauer currently CEO of Svenska Spel, has extensive experience from previous leadership positions in telecommunications and media. Telia Company’s Board initiated a search for a new CEO after the previously […]

Telia Company has entered into a final and binding agreement to sell 100 per cent of its operations and network assets in Denmark to Norlys at an enterprise value of DKK 6.25 billion (€0.84bn), on a cash and debt-free basis. The valuation is equivalent to 8.9x Telia Denmark’s 2022 reported EBITDA. Telia said the transaction, […]

Telia Company has announced the appointment of Eric Hageman as Executive Vice President, Group Chief Financial Officer and a member of the Group Executive Management team, effective September 15th. Hageman replaces Per Christian Mørland, who, as previously announced, will leave Telia at the end of September. Hageman has previously held senior executive positions at Royal […]

Telia Company, the Swedish multinational telco, has reported that Q2 revenue increased 4.5 per cent to SEK 23,297 million (€2,031.9m) and like for like, revenue increased 2.2 per cent. Service revenue increased 4 per cent to SEK 19,914 million and like for like, service revenue increased 1.9 per cent. For the Telco operations, service revenue […]

Telia Company, the Swedish multinational telco, has announced the appointment of Tim Pennington as interim Executive Vice President, Group Chief Financial Officer and a member of the Group Executive Management team, effective from September. Pennington replaces Per Christian Mørland, who, as previously announced, will leave Telia at the end of September. Pennington will serve as […]

Teleste’s Distributed Access technology is helping Telia expand coverage of its ultra-high-speed broadband services in the Nordics and Baltics region. Rollouts of the DOCSIS 3.1 Distributed Access-based broadband are currently under way in Telia’s networks, and Teleste’s Remote PHY Distributed Access devices have already been widely implemented in Finland and Norway. “Teleste’s Distributed Access technology […]

Swedish telco Telia Company has entered into a binding term sheet agreeing upon the key terms on which to sell 100 per cent of its operations and network assets in Denmark to Danish energy and telco group, Norlys, at an expected enterprise value of DKK 6.25 billion (€838m), on a cash and debt-free basis. The […]

Telia, the Swedish multinational telco, has reported that Q1 2023 revenue increased 5.7 per cent to SEK 23,069 million (€2.02bn) and like for like, revenue increased 3.7 per cent. Service revenue increased 3.8 per cent to SEK 19,444 million and like for like, service revenue increased 1.9 per cent. For the Telco operations, service revenue […]

Household penetration for paid streaming services in Sweden increased by 9 percent in the first quarter, compared to the same period in 2022, reports Mediavision. This is a significant shift, after a period of relatively slow growth. Now, close to 70 per cent of households in Sweden have at least one paid streaming service, either […]