Q1 2026 Telia Company AB Earnings Call Transcript
Key Points
- Telia Company AB (TLSNF) reported a strong start to the year with service revenue growth of 2.1%, driven by consumer demand and business-critical services.
- The company successfully launched 5G stand-alone networks in Norway and Estonia, maintaining its leadership in network quality.
- Operational expenses were reduced by 2%, aided by a 5% reduction in headcount, demonstrating effective cost management.
- The acquisition of Bredband2 has been positive, with revenue synergies already being realized by cross-selling Telia services to Bredband2 customers.
- Telia Company AB (TLSNF) was awarded the most sustainable operator in Sweden for the tenth consecutive year, highlighting its commitment to sustainability.
- Despite improvements, Telia Company AB (TLSNF) still faces challenges in Finland and Norway, with ongoing efforts needed to turn around these markets.
- The company experienced a loss of 27,000 postpaid customers in Norway due to pricing and billing cycle changes.
- Higher energy and marketing costs impacted EBITDA in Lithuania and Estonia, despite overall positive performance.
- The competitive landscape in the B2B market remains challenging, with companies holding back on investments due to macroeconomic and geopolitical factors.
- There is a lag in realizing the full benefits of price increases in Finland, with expectations of gradual recovery over the coming quarters.
Welcome, everyone, to Telia Company's Q1 results presentation.
And with that, I will now hand over to Telia Company's Head of Investor Relations, Erik Strandin Pers. Please go ahead. The floor is yours.
Thank you, and welcome, everyone, to the call this morning. We have in the room here, President and CEO, Patrik Hofbauer; and the Group CFO, Eric Hageman, and I leave the word to you, Patrik. Please go ahead.
Thank you, Erik, and good morning to all of you. Our performance in 2025, including how we ended the year and started this year, confirms that we are on track to reshape Telia into a simpler, faster and more efficient company, in line with our promises at the investor update back in September 2024.
I'm glad to see that our mission to constantly improve and deliver on our promises is generating good results across many areas, including customer
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