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Telia Company AB (TELIA.ST)

TELIA.ST on Stockholm Stock Exchange

41.01SEK
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Latest Key Developments (Source: Significant Developments)

Telia CEO sees no room for more big acquisitions
Friday, 20 Jul 2018 

July 20 (Reuters) - Telia Company AB ::TELIA CEO SAYS NO ROOM FOR FURTHER BIG ACQUISITIONS AFTER TWO ANNOUNCED DEALS THIS WEEK, FOCUS NOW TO CLOSE DEALS AND THEN ON INTEGRATION .  Full Article

Telia CEO says has room for more acquisitions without impact on plans for share buy-backs, dividend
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Telia CEO Johan Dennelind tells Reuters::SAYS HAS ROOM FOR MORE ACQUISITIONS WITHOUT IMPACT ON PLANS FOR SHARE BUY-BACKS, DIVIDEND.  Full Article

Telenor CEO sees "no big effects" from Telia-TDC deal
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Telenor ASA ::TELENOR CEO SAYS WE DON'T SEE ANY BIG EFFECTS FROM TELIA-TDC DEAL ON TELENOR IN NORWAY.  Full Article

Telia Company acquires TDC's Norway business in 21 bln NOK deal
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Telia Company AB ::COMPANY ACQUIRES TDC'S NORWEGIAN BUSINESS.AT AN ENTERPRISE VALUE OF NOK 21 BILLION ON A CASH AND DEBT FREE BASIS.SAYS TELIA COMPANY ACQUIRES GET AND TDC NORWAY AT AN ENTERPRISE VALUE OF NOK 21 BILLION ON A CASH AND DEBT FREE BASIS.ACQUISITION WILL STRENGTHEN TELIA COMPANY'S POSITION ON NORWEGIAN MARKET.SAYS WILL COMBINE ITS AWARD-WINNING MOBILE NETWORK WITH GET'S SUPREME TV AND FIXED SERVICES TO CREATE A STRONG CHALLENGER ON NORWEGIAN MARKET WITH CONVERGED CUSTOMER OFFERINGS.SAYS PURCHASE PRICE OF NOK 21 BILLION CORRESPONDS TO AN EV/EBITDA MULTIPLE OF 12.1X BASED ON 2017, AND 9.0X INCLUDING EXPECTED SYNERGIES.SAYS COMPANY EXPECTS TO GENERATE FULL RUN RATE SYNERGIES OF NOK 0.6 BILLION BY 2021 FROM B2C AND B2B CROSS-SALES, CHURN REDUCTION AND OTHER COST EFFICIENCIES.SAYS ACQUISITION IS ESTIMATED TO INCUR INTEGRATION COSTS DURING 2019 AND 2020 OF APPROXIMATELY NOK 200 MILLION ANNUALLY..SAYS ACQUISITION OF GET AND TDC NORWAY IS SUBJECT TO APPROVAL FROM RELEVANT AUTHORITIES AND IS EXPECTED TO BE COMPLETED IN SECOND HALF OF 2018.SAYS THIS TRANSACTION PUTS OUR NET DEBT TO EBITDA PRO FORMA AT 1.9X I.E SLIGHTLY BELOW OUR TARGET OF 2X PLUS/MINUS 0.5X.SAYS EARLIER COMMUNICATED SHARE BUY-BACK PROGRAM AND DIVIDEND POLICY REMAINS INTACT.  Full Article

Telia, Latvia Deepen Cooperation As LMT, Lattelecom Investors
Thursday, 12 Jul 2018 

July 12 (Reuters) - Telia Company AB ::TELIA COMPANY AND THE LATVIAN GOVERNMENT TO IMPROVE STRATEGIC COORDINATION IN LMT AND LATTELECOM.TELIA COMPANY'S PRESIDENT AND CEO JOHAN DENNELIND AND PRIME MINISTER OF LATVIA MĀRIS KUČINSKIS HAVE SIGNED A MEMORANDUM OF UNDERSTANDING ON IMPROVING THEIR COOPERATION AS SHAREHOLDERS IN LMT AND LATTELECOM.FOCUS IS ON IMPLEMENTING GOOD CORPORATE GOVERNANCE PRACTICES, IMPROVING DECISION-MAKING AND CLEARER STRATEGIC SUPERVISION OF COMPANIES' ACTIVITIES.SHAREHOLDERS HAVE ALSO AGREED TO WORK ON ESTABLISHING AN INNOVATION CENTRE.IMPLEMENTATION OF MEMORANDUM WILL TAKE PLACE OVER COMING MONTHS.  Full Article

Telia Names Dan Strömberg As Next CEO Of Telia Lithuania
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Telia Company AB ::DAN STRÖMBERG, CURRENTLY CEO OF TELIA ESTONIA, HAS BEEN APPOINTED CEO OF TELIA LITHUANIA AND WILL REPLACE KESTUTIS SLIUZAS WHO WILL LEAVE CO.ROBERT PAJOS HAS BEEN APPOINTED INTERIM CEO OF TELIA ESTONIA.  Full Article

Management Changes In Telia Company's Baltic Operations
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Telia Company AB ::MANAGEMENT CHANGES IN TELIA COMPANY'S BALTIC OPERATIONS.TELIA SAYS DAN STRÖMBERG, CURRENTLY CEO OF TELIA ESTONIA, HAS BEEN APPOINTED CEO OF TELIA LITHUANIA AND WILL REPLACE KESTUTIS SLIUZAS WHO WILL LEAVE COMPANY.TELIA SAYS ROBERT PAJOS HAS BEEN APPOINTED INTERIM CEO OF TELIA ESTONIA..  Full Article

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

UPDATE 3-Volvo Cars drops IPO due to trade tensions and auto stocks downturn

BEIJING/PARIS Sept 10 Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.