Telia company, the Nordics telco, has reported its Q1 results. Net sales declined 2.7 per cent to SEK 21,814 million (€21.m) and like for like, net sales remained unchanged. Service revenues decreased 4.9 per cent to SEK 18,747 million and like for like, service revenues declined 2.3 per cent. The outlook for 2021 remains unchanged. […]
TV3 Group, the Baltics media group, has increased the reach of its OTT service Go3 through cooperation agreements with major telecommunications companies, cable operators and IPTV providers such as Bite, Tele2, Telia and Baltcom. With its strong partners, Go3 has grown its paying subscriber base to more than 200,000, a substantial part being on long-term […]
Sweden’s auction of spectrum in the 3.5 GHz band for the development of 5G has opened and closed after just one day. Sweden’s regulator closed the auction after four rounds of bidding, and the end-result has been described as being “benign” for the telcos involved. The average bidding price was a mere €0.06 per MHz […]
Telia Company has reached an agreement with Polhem Infra for the sale of its international carrier business, Telia Carrier, for a value of SEK 9,450 million (€900.1m) on a cash and debt free basis. At the same time, Telia Company enters a long-term strategic partnership with Telia Carrier, securing continuous network solutions to Telia’s customers. […]
Effective August 1st, Per Christian Mørland will take on the position of EVP, Group CFO of Telia Company, replacing Douglas Lubbe who is currently serving as acting CFO. Mørland is currently CFO of Telia Norway, a position he has held since October 2015. He brings 16 years of deep telco experience from within the Nordics […]
Telia Company has agreed to sell its 47.1 per cent holding in Turkcell holding, which owns 51 per cent in the listed company Turkcell Iletisim hizmetleri, to the state owned Turkey wealth fund for $530 million (€471.6m). The transaction also includes, subject to closing, a full and global settlement of all shareholder disputes and litigations […]
The auction on 26 GHz (25.1–27.5 GHz) spectrum arranged by Finland’s Transport and Communications Agency Traficom has concluded. The participants in the auction were Elisa Corporation, Telia Finland and DNA who submitted the winning bids for the construction of the 5G networks. The auction generated €21 million in revenue to the state. There were three […]