Telia


TV investment weighs heavily as Telia recovers ground

Nordic telco Telia’s investment in TV and media assets once again weighed heavily on its latest quarterly financial numbers, despite resilience elsewhere that enabled the company to grow. Its overall revenue pie. CEO Allison Kirkby accepted that TV and media had faced “a challenging quarter” with revenue and adjusted EBITDA each falling by about 30%. […]

Exec shakeup for Telia

Following the sale of its Turkish unit, Telia has announced a shakeup of its executive management team. The company has hired Markus Messerer – current CEO of Competec’s B2B business Alltron – as its SVP, chief of strategy, and Millicom’s Rachel Samrén as VP chief external affairs, governance and trust officer. In addition, Telia Lithuania […]

Telia confirms Turkcell sale

Nordic telco Telia has confirmed the sale of its stake in Turkish service provider Turkcell. Telia has agreed to sell its 47.1% holding in Turkcell Holding, which owns 51% in the listed company Turkcell Iletisim Hizmetleri, to the sovereign wealth fund the Turkey Wealth Fund for US$530 million. The transaction includes, subject to closing, a […]

Telia in talks to exit Turkcell

Telia has confirmed it is in talks to sell its stake in Turkish service provider Turkcell following media reports that Turkey’s Wealth Fund was in advanced discussions to buy Telia’s share of Turkcell Holding, which owns a majority stake in the operator. Telia owns 47.1% of the holding company, which is coowned by Turkey’s Cukurova […]

Telia agrees OTT licensing deal with Discovery for TV4 and C More channels

Nordic telco Telia has secured EC approval for a deal that will see it license OTT rights to its linear channels to Discovery in Sweden and Finland. The EC had previously made it a condition of its approval for Telia’s acquisition of Bonnier Broadcasting-owned Swedish and Finnish commercial broadcasters TV4 and MTV and pay TV […]

TV4 secures La Liga rights

Telia-owned TV4 Media has followed up last week’s acquisition of UEFA Champions League rights from next year by extending its current rights to top-tier Spanish football. The Swedish broadcaster has acquired  LaLiga rights until the end of the 2025-26 season in both Sweden and Finland. In addition to club football from Italy’s Serie A and LaLiga, TV4 and the group’s pay TV arm C […]

Ex-acting CEO Luiga to leave Telia

Christian Luiga, the chief financial officer and now ex-acting CEO and president of Nordic service provider Telia has resigned. Luiga’s departure follows new CEO and president Allison Kirkby taking up her post. Luiga, who been working for Telia Company in various positions since 2009, started as CFO in April 2014. Since September 2019, He was […]

Telia launches streaming service as standalone offering

Nordic telco Telia has launched its streaming service Telia Play as a standalone offering available to all, whether they subscriber to Telia’s other services or not. Until now, Telia Play was restricted to Telia’s own customers. Telia TV customers have been able to freely stream the  Telia Play offerings in the app, while subscribers of […]

Telia hit by exposure to TV market

Nordic telco Telia’s exposure to the TV and media business through its ownership of TV4 Group had a sharp negative impact on its Q1 EBITDA, which fell 5.1% on a like-for-like basis to SEK7.277 billion (€665 million). Overall revenues fell by 2.2% to SEK22.427 billion, with service revenues bolstered to some extent by the relative […]

Tele2 pulls financial guidance as coronavirus and TV decline takes toll

Nordic telco and cable operator Tele2 has withdrawn its financial guidance for the year and postponed a planned share dividend after admitting that it would be unlikely to achieve revenue growth, leading to a sharp fall in the company’s stock price. Tele2, which provides fixed and mobile services and TV in the Nordic and Baltic […]

1 2 3 7