Nordic telco Telia’s TV and media arm’s restructuring is going according to plan in a tough market environment, according to outgoing CEO Alison Kirkby, with the overall Telia group returning to revenue and earnings growth in the third quarter. Media revenue was down 8.3% on a like-for-like basis to SEK1.78 billion (US$162 million), while adjusted […]
Nordic telco, Telia Company has hired Patrik Hofbauer as president and chief executive officer, effective February 1, 2024. He succeeds current president and CEO Allison Kirkby, who announced her departure in July and was named the new chief executive of BT Group. Hofbauer joins from gambling company Svenska Spel where he serves as CEO. Prior […]
Nordic telco operator Telia has appointed Eric Hageman as executive vice president and chief financial officer, taking over Per Christian Mørland who will be stepping down at the end of September. Mørland announced his resignation in March which he will be departing the company due to family reasons. Hageman will join Telia’s executive mnagement team […]
Telia’s reorganization of its struggling media arm takes a major step today with the launch of new combined streaming service TV4 Play. Telia said that the new TV4 play will continue to offer independent journalism, entertainment and drama but will also have a larger selection of films and series. In addition, coverage of SHL hockey, […]
Nordic telco Telia has revealed its new streaming service TV4 Play will be rolled out on August 14, replacing its former C More brand. C More users will become TV4 Play users with access to more content via its Plus packages which will offer users to buy more content, with or without advertising Among the plus packages […]
TV and media is continuing to “negatively impact” Nordic telco Telia’s performance, despite resilience in its telecom activities, according to CEO Allison Kirkby. Reporting on Telia’s latest quarterly results, Kirkby said that “the current downturn in the advertising market is compounding the existing challenges in premium sports at a time of added cost from the […]
Nordic telco Telia Company has appointed Tim Pennington as interim executive vice president and CFO, following the departure of Per Christian Mørlan. Pennington replaces Per Christian Mørland, who leaves Telia at the end of September, he will also serve as member of the group executive management team. The exec will serve as interim CFO until […]
Half of Nordic SVOD households say they are willing to pay extra for a bigger supply of local movies and series, according to local research outfit Mediavision. Almost half of all Nordic households with a paid streaming subscription, meaning SVOD subscribers, claim they would be willing to pay €1-3 more per month to gain access […]
Nordic telco Telia has tapped Teleste to implement a Distributed Access Architecture (DAA) to expand coverage of its ultra-high-speed broadband services. Telia is targeting providing increasingly higher broadband speeds and greater data transfer capacity to consumers, which is supported by Teleste’s technology. Rollouts of the DOCSIS 3.1 Distributed Access-based broadband are currently under way in […]
Scandinavian telecommunications operator Telia has revealed a loss of revenue in its TV and media department, after the unit saw a 2.4% decline in service revenue driven by a softening advertising market. In its latest interim report, the telco provider pointed the overall decline in the TV and Media division to the softening of TV […]
