TELIANasdaq StockholmTelecommunicationsIFRS · SEK

Telia Company

Telia Company is a leading telecommunications operator in the Nordics and Baltics, providing a wide range of services including mobile, broadband, and TV. With a strong focus on digital infrastructure, Telia supports the growing data consumption needs of individuals and businesses. The company is committed to enhancing customer satisfaction through robust network services and strategic investments in technology and AI. Telia's operations are characterized by a disciplined approach to capital allocation and a progressive dividend policy.

Revenue81.0bn SEK
−9.2 %y/y
Operating profit (EBIT)10.4bn SEK
−0.8 %y/y
EBIT margin12.9%
+1.1 ppy/y
Net income-0.0m SEK
−100.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-250255075100bn SEK2020: 89.2 bn SEK2020: EBIT -17.9 bn SEK20202021: 88.3 bn SEK2021: EBIT 15.2 bn SEK20212022: 90.8 bn SEK2022: EBIT -9.4 bn SEK20222023: 88.8 bn SEK2023: EBIT 5.0 bn SEK20232024: 89.1 bn SEK2024: EBIT 10.5 bn SEK20242025: 81.0 bn SEK2025: EBIT 10.4 bn SEK202581.010.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Mobile Services40 %

Includes mobile voice and data services for consumers and enterprises.

Broadband Services25 %

Comprises fixed broadband and fiber internet services.

TV and Media15 %

Offers TV subscriptions and streaming services.

Business Solutions10 %

Provides networking and communication solutions for enterprises.

IT Services10 %

Covers IT and media services for business clients.

Customers

Telia Company serves a diverse customer base across the Nordics and Baltics, including both individual consumers and enterprises. The consumer segment benefits from Telia's robust mobile, broadband, and TV services, which are tailored to meet the needs of a digital lifestyle. Enterprises rely on Telia for business-critical networking and IT solutions, enabling them to operate efficiently in a competitive market. The company's focus on customer satisfaction and service quality has led to high retention rates and strong brand loyalty.

Consumer

Purchases mobile, broadband, and TV services for personal use.

Enterprise

Acquires networking and IT solutions for business operations.

Public Sector

Utilizes mission-critical services for government operations.

SME

Seeks affordable IT and media services to enhance business efficiency.

Strategy

Telia Company's strategic priorities include enhancing customer satisfaction, optimizing capital allocation, and expanding digital infrastructure. The company is focused on delivering consistent EBITDA growth and achieving its free cash flow targets. Strategic investments in technology and AI are aimed at increasing operational efficiency and simplifying processes. Telia's commitment to a progressive dividend policy underscores its focus on shareholder value.

Enhance customer satisfactionMedium term

To increase retention and brand loyalty

Optimize capital allocationLong term

To ensure sustainable growth and profitability

Expand digital infrastructureLong term

To support growing data consumption

Geography

Telia Company operates across six geographical markets, with a strong presence in the Nordics and Baltics. Key markets include Sweden, Finland, and Norway, where the company has established a significant customer base. Telia's operations are supported by robust network infrastructure, enabling it to deliver high-quality services across these regions. The company's strategic focus on these markets allows it to leverage regional expertise and maintain competitive advantage.

Risks

Telia Company faces several risks, including competitive pressures in the telecommunications market and regulatory challenges across its operating regions. The company's exposure to geopolitical risks, particularly in the Nordics and Baltics, can impact its operations. Additionally, technological advancements and changing consumer preferences pose risks to Telia's business model. The company employs an Enterprise Risk Management Framework to identify and mitigate these risks effectively.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Competitive pressures1Regulatory challenges2Geopolitical risks3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Competitive pressuresImpact: HighLikelihood: Medium

    High competition in telecom market

  2. Regulatory challengesImpact: MediumLikelihood: Medium

    Strict regulations in operating regions

  3. Geopolitical risksImpact: MediumLikelihood: Medium

    Exposure to political instability

Accounting

Judgemental items
Revenue recognition

Impacts timing of earnings

Impact: high

Lease accounting (IFRS 16)

Affects balance sheet and EBITDA

Impact: medium

Asset retirement obligations

Requires estimation for network dismantling

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026