Telia Company AB (publ) Stock

Telia Company AB (publ) provides communication services.

The company connects businesses, individuals, families, and communities via fixed and mobile communication solutions. The company works with an ecosystem of new start-ups and major service providers.

The company stands firmly in the Nordics and Baltics, and its fiber backbone stretches around the globe. All its mobile operations in Eurasia are divested, except for Moldcell S.A. in Moldova for which an agreement to divest was signed in February 2020.

Across 65,000 km of optical fiber, the company’s global network footprint connects more than 300 points of presence in 35 countries.

The company’s business customers range from small enterprises to multi-national companies, from municipalities to national authorities. Collaboration and co-innovation are vital in order to capture the opportunities in areas like 5G and Internet of Things.

In 2019, the company’s strategy to become something more than what telecommunications companies have traditionally been truly came to life. With the closing of the acquisition of its new TV and Media unit, including TV4, C More and MTV, the company is positioned to offer its customers a new world of digital experiences in the Nordics.

Segments

The company operates through Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and TV and Media segments.

Sweden comprises the company’s mobile, broadband, TV and fixed-line operations in Sweden.

Finland comprises the company’s mobile, broadband, TV and fixed-line operations in Finland.

Norway comprises the company’s mobile, broadband, TV and fixed-line operations in Norway.

Denmark comprises the company’s mobile, broadband, TV and fixed-line operations in Denmark.

Lithuania comprises the company’s mobile, broadband, TV and fixed-line operations in Lithuania.

Estonia comprises the company’s mobile, broadband, TV and fixed-line operations in Estonia.

TV and Media comprises the broadcasting and content production business in the acquired Bonnier Broadcasting, mainly consisting of TV4 and C More in Sweden and MTV in Finland.

Other operations include mainly the operations in Latvia, the international carrier operations, customer financing operations, the company’s shareholdings in the Turkish associated company, Turkcell, as well as Common Products and Services and Group functions.

The company’s real estate holdings include approximately 9,700 properties, mainly in Sweden and Finland. The substantial majority is used solely for technical facilities, like network installations, computer installations, research centers and service outlets.

The company has one material associated company, Turkcell Iletisim Hizmetleri A.S., in which the company’s ownership and voting power, as well as consolidated share is 24 percent (24 percent). The company operates in Turkey, Ukraine and Belarus as a mobile operator.

History

The company was founded in 1853. It was formerly known as TeliaSonera AB (publ) and changed its name to Telia Company AB (publ) in 2016.