Telia Company AB (publ) TELIA

Stockholm | Technology | Telecommunications (mobile, broadband and network infrastructure)
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Updated: 23 Sep 2026 Base analysis: 5 Apr 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Clear

Maintain existing position; consider adding on any weakness around ex-dividend date.

Strong Q2 with beat on margins and revenues plus the ACE divestment support staying on the sidelines ahead of Q3 to confirm growth sustainability.

Market sentiment Positive ↑
Trend: Improving

Sentiment has strengthened after the positive Q2 report that confirmed stable growth and maintained guidance.

Risk assessment Medium
Dilution: Low Strong cash flow, no known equity raise
Jurisdiction: Low Mainly Nordics/Baltics, stable regimes
Execution: Medium Large modernization projects and cost program

HOLD is the call. Positive is the market mood. Medium risk means some things can go wrong.

Latest change
  • 18 Jul 2026 — Revenue and EBITDA beat expectations, guidance repeated.

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About the company

Telia Company AB (publ) is an integrated telecom operator focused on the Nordics and Baltics. It provides mobile services, broadband/fiber and enterprise solutions while investing in network modernization and 5G. Telia is a mature, cash-flow-driven dividend company emphasizing efficiency and portfolio focus.

Sector: Telecommunications (mobile, broadband and network infrastructure)
Type: Tech
Next report (Q3)
21 Oct 2026
Catalysts
○
Q4 2026
Completion of Latvia divestment Medium
Bull case

Accelerating service revenues and strategic focus via the ACE sale provide support for the valuation.

Bear case

High valuation and temporary cash-flow weakness in Q3 may limit upside.

Why this signal

Strong Q2 with beat on margins and revenues plus the ACE divestment support staying on the sidelines ahead of Q3 to confirm growth sustainability.

Recent news
  • Telia saw insider purchases, a minor PTS fine and analyst adjustments. The share was affected by European sector rotation in September, but BofA highlighted the company as a potential AI winner.

Exchange
Stockholm
Type
Technology
Sector
Telecommunications (mobile, broadband and network infrastructure)
Telia Company AB (publ) TELIA
Telia — this picture changes. Follow free
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