Main industries for revenues:

1. Telecommunication services
2. Digital services
3. Media and entertainment

TOP 3 markets and their percentage shares:

• Sweden: approx. 35%
• Finland: approx. 25%
• Norway: approx. 20%

Telia Company AB generates the majority of its revenues from telecommunication services, including both mobile and fixed-line services. Digital services and media offerings also contribute significantly to revenue, especially due to the increasing demand for digital solutions and streaming services.

Sweden remains the largest market for Telia, followed by Finland and Norway. These markets are crucial for the company as they provide high market penetration and stable revenue streams. Focusing on these markets enables Telia to benefit from established networks and a strong customer base.

Production Sites: Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania

Telia Company AB is a leading telecommunications company in the Nordic and Baltic countries. The company mainly offers services in the mobile, fixed-line, and broadband sectors. As Telia primarily operates as a service provider, it does not produce physical products in the traditional sense, but operates network infrastructure and provides telecommunications services.

The network infrastructure and services are provided in the countries mentioned above, with the headquarters located in Sweden. Telia continuously invests in improving and expanding their networks in these regions.

Revenue Growth: 2.5% (2024, estimated)
Investments in 5G: 1.2 billion SEK (2024)

Telia Company AB is pursuing a growth strategy that is heavily focused on digitization and expanding its 5G infrastructure. The company is investing significantly in expanding 5G networks to improve both network coverage and service quality. These investments aim to strengthen market leadership in the Scandinavian region and unlock new business opportunities in the Internet of Things (IoT) sector.

In addition, Telia is focusing on diversifying its services, including expanding cloud and IT services to meet the increasing demand for digital solutions. Through partnerships with technology companies and startups, Telia aims to develop innovative products and services that enhance the customer experience and create new revenue streams.

The strategy also includes measures to increase efficiency and cost control to enhance profitability and ensure financial stability. This includes optimizing internal processes and leveraging automation technologies.

Main raw materials: Fiber optic cables, copper, electronic components

Countries of origin:

• Fiber optic cables: China, USA
• Copper: Chile, Peru
• Electronic components: Taiwan, South Korea

Telia Company AB, as a telecommunications company, mainly imports materials necessary for the expansion and maintenance of its network infrastructure. Fiber optic cables are crucial for expanding broadband networks and are often sourced from China and the USA, where major manufacturers are located.

Copper is an essential component for cabling and is imported in large quantities from countries such as Chile and Peru, which are among the world's largest copper producers.

Electronic components needed for the production of network equipment and telecommunications devices mainly come from Taiwan and South Korea, known for their advanced electronics industry.

Market share in Sweden: approximately 35% (2024)
EBITDA margin: 32.1% (2023)
Net debt to EBITDA ratio: 2.5x (2023)

Telia Company AB has a significant competitive advantage, especially in the Nordic and Baltic markets, where the company is traditionally strong. The market share of around 35% in Sweden highlights its leading position in the domestic market.

The EBITDA margin of 32.1% indicates that Telia operates efficiently and is able to generate solid profits from its revenues. This is an indicator of strong operational performance and cost efficiency.

The net debt to EBITDA ratio of 2.5x is moderate and suggests that Telia is able to manage its debts well, providing the company with financial flexibility for investments and strategic initiatives.

In summary, Telia Company AB possesses a clear competitive advantage in its core markets due to its strong market position, solid financial performance metrics, and efficient operations.

Institutional Investor Share: approximately 60% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2025)

The institutional investor share in Telia Company AB typically stands at around 60%, indicating the confidence of large investors in the company's stability and growth potential. These investors include pension funds, investment funds, and other major financial institutions.

No significant insider transactions were reported in the last quarter, suggesting that the management and other insiders are currently not making any significant changes to their holdings. This can be seen as a sign that the management is satisfied with the current corporate strategy and does not expect any short-term changes.

Market share of Telia Company AB: 20% (estimated, 2025)

Top competitors and their market shares:

1. Telenor ASA: 18%
2. Tele2 AB: 15%
3. Elisa Oyj: 12%
4. DNA Oyj: 10%
5. Com Hem AB: 8%

Moat of Telia Company AB:

Telia Company AB has a significant moat due to its strong market presence in the Nordic and Baltic countries. This is supported by an established infrastructure and a broad customer base. The Telia brand is well-known in these regions and enjoys high trust, strengthening customer loyalty.

Compared to competitors, Telia has the advantage of a diversified service offering that includes both mobile and fixed-line services. This allows the company to leverage synergies and manage costs efficiently.

However, competitors also have strong moats. For example, Telenor ASA benefits from a strong international presence and innovation capabilities, while Tele2 AB stands out for its aggressive pricing strategies and flexible business model.

Overall, Telia Company AB has a solid moat, but they must continue to invest in innovation and customer service to defend their market position against growing competition.

Revenue Growth: 2.1% (2024) Profit Growth: 1.8% (2024) Dividend Yield: 5.5% (2024)

In 2024, Telia Company AB recorded a moderate revenue growth of 2.1%. This indicates a stable but slow expansion, which is typical for established telecommunications companies in saturated markets. The profit growth of 1.8% shows that the company is able to slightly increase its profitability despite the intense competitive environment.

Another positive aspect is the dividend yield of 5.5%, which could be attractive to investors seeking regular income. This yield is above the industry average and can be considered as an indicator of a reliable dividend policy.

In summary, Telia Company AB represents a stable investment opportunity for investors who value dividends and are willing to invest in a company with moderate growth potential. However, it is important to consider the company's long-term strategic plans and developments in the telecommunications sector to get a comprehensive view of the investment prospects.

Dividend Yield: 6.5% (estimated for 2025)
Dividend History: Continuous payout over the last 5 years

Telia Company AB has pursued a consistent dividend policy in recent years, regularly distributing dividends to its shareholders. The estimated dividend yield of 6.5% for 2025 indicates an attractive payout compared to other companies in the industry.

The reliability of dividend payment is supported by the company's stable financial position and its ability to generate positive cash flows consistently. Telia has proven in the past that it is capable of paying dividends even in economically challenging times. This speaks to a high reliability of the payout.