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Telia Company AB (TELIA.ST)

TELIA.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Telia appoints Anders Olsson as new head of Telia Sweden
Monday, 28 May 2018 

May 28 (Reuters) - Telia Company AB ::CHANGES IN TELIA COMPANY'S GROUP EXECUTIVE MANAGEMENT.SAYS ANDERS OLSSON, SENIOR VICE PRESIDENT, CHIEF OPERATING OFFICER AND HEAD OF GLOBAL SERVICES & OPERATIONS (GSO) AT TELIA COMPANY, HAS BEEN APPOINTED EXECUTIVE VICE PRESIDENT AND CEO OF TELIA SWEDEN.SAYS MAGNUS ZETTERBERG WILL REPLACE OLSSON AS COO AND HEAD OF GSO.SAYS HENRIETTE WENDT, SENIOR VICE PRESIDENT AND HEAD OF TELIA COMPANY'S BUSINESSES IN LITHUANIA, ESTONIA AND DENMARK, WILL LEAVE HER POSITION AND WILL BE REPLACED BY EMIL NILSSON.  Full Article

Telia To Buy Back Shares To Cover for Incentive Program
Friday, 27 Apr 2018 

April 27 (Reuters) - Telia Company AB TELIA.ST::TELIA COMPANY EXERCISES MANDATE TO BUY BACK SHARES TO COVER COMMITMENTS UNDER THE 'LONG TERM INCENTIVE PROGRAM 2015/2018'.SAYS A MAXIMUM OF 445,891 SHARES AT A TOTAL AMOUNT NOT EXCEEDING SEK 25 MILLION MAY BE REPURCHASED.  Full Article

Telia Company Initiates Share Buy-Back Program
Friday, 20 Apr 2018 

April 20 (Reuters) - Telia Company AB ::COMPANY INITIATES A SHARE BUY-BACK PROGRAM.INTENTION IS TO BUY BACK SHARES FOR ANNUAL AMOUNT OF SEK 5 BILLION OVER COMING THREE-YEAR PERIOD, TOTALING SEK 15 BILLION.SAYS REASON IS TO RETURN EXCESS CASH TO SHAREHOLDERS AND IS A CONTINUED EFFORT TO OPTIMIZE CAPITAL STRUCTURE OF COMPANY.SAYS COMBINED WITH RECENTLY APPROVED ORDINARY DIVIDEND OF SEK 2.30 PER SHARE, PRO FORMA ANNUAL TOTAL SHAREHOLDER REMUNERATION WILL EQUAL SEK 3.45 PER SHARE.SAYS INTENTION IS TO CANCEL SHARES BOUGHT BACK.  Full Article

Telia Company Divests Its Stake In Spotify
Friday, 30 Mar 2018 

March 29 (Reuters) - Telia ::COMPANY DIVESTS ITS STAKE IN SPOTIFY.DIVESTED ENTIRE HOLDING IN SPOTIFY IN SEVERAL STEPS OVER SOME TIME FOR USD 272 MILLION, ABOUT SEK 2.3 BILLION, TO INSTITUTIONAL INVESTORS​.  Full Article

Telia buys Finland's Inmics
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Telia Company Ab ::TELIA COMPANY ACQUIRES THE FINNISH ICT COMPANY INMICS OY.TELIA SAYS ‍BOUGHT COMPANY HAS AN ENTERPRISE VALUE OF EUR 75 MILLION ON A CASH AND DEBT FREE BASIS​.  Full Article

Telia says ‍senior vice president Robert Andersson to leave company
Friday, 15 Dec 2017 

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 

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 

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 

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 core profit just beats expectations, repeats forecasts
Wednesday, 20 Jul 2016 

Telia, Q2 : Reuters poll: Telia Q2 core EBITDA was seen at SEK 6.3 billion, revenues at SEK 21.2 billion . Repeats expects EBITDA from continuing operations, excluding non-re-curring items, in local currencies, excluding acquisitions and disposals, to be in line or slightly above the level in 2015 .Says on track to reach the cost reduction target of SEK 2 billion run-rate by the end of 2017.  Full Article

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Telia CFO reassures investors on share buybacks despite M&A plans

STOCKHOLM Nordic and Baltic telecoms operator Telia Company will return cash to shareholders as planned despite talks to buy Sweden's Bonnier Broadcasting, its finance chief said.