Telia press
The update will start at CEST and is expected to end at around CEST. The meeting will be live streamed and institutional investors, analysts and journalists who wish to attend in person are welcome to do so. After the presentations, there will be an opportunity for participants attending in person to meet with additional members of Telia’s Group Executive Management.
To participate in person, please register no later than September
NOTES TO EDITORS
For more information, contact Telia Company’s press office on +46 (0) 77 58 30, visit our newsroom and follow us on LinkedIn and download our logo, high-resolution images of Telia leaders, offices and solutions or B-roll footage for editorial use, visit our media bank.
ABOUT TELIA
Telia Company (STO: TELIA) is a Nordic and Baltic telecommunications leader and Nordic media house, serving consumers, businesses and public sector customers with essential digital infrastructure, ICT services and entertainment. Our 18, talented colleagues serve millions of customers every day in one of the world’s most connected regions. We’re the hub in the digital ecosystem, providing 25 million mobile, broadband and
Yahoo Finance
Unlock lager picks and a broker-level newsfeed that powers vägg e Now
Telia Company changes its operating model: strengthens countries’ role, reduces number of personnel with the view to increasing profitability
Telia Lietuva
2 min read
Swedish telecommunications company Telia Company, AB, the largest shareholder of Telia Lietuva, AB (hereinafter ‘Telia Lietuva’ or ‘the Company’), holding per cent of the Company’s shares, announces a change program that is set to simplify its operations in the Nordic and Baltic countries. The more decentralised and streamlined organisation will focus on local customers’ needs, while the Group intends to reduce its number of personnel by 3, during the full year of
In Lithuania, Telia Company Group plans to reduce the total number of employees by about , whereof approximately at Telia Lietuva, and remaining – at Telia Global Services Lithuania, UAB, a fully owned subsidiary of Telia Company in Lithuania.
With the schema, Telia Company aims to maximize the value of its network infrastructure and service offerings to sustain growth, increase efficiency and profitability, and improve its ability to serve its
Patrik Hofbauer, Telia Company President and CEO, says: “Execution of the new strategic priorities has already started with the launch of our change program, announced on September 4, which is a big step towards decentralizing the complex structure that we have today. With the program, we aim to maximize the value of our network infrastructure and service offerings to increase customer satisfaction, sustain growth, increase efficiency and profitability, and improve our ability to serve our customers and the societies where we operate.”
Anders Olsson, EVP, Head of Telia Sweden, will talk about the potential for the Swedish business to move from stable to more pronounced EBITDA growth. Anders Olsson says: “We will be cementing our network leadership in the coming, transformative years with the finalization of the 5G roll-out and closing of 2G, 3G and copper networks.”
Furthermore, Eric Hageman, EVP, CFO, will highlight Telia’s ambitions to drive shareholder value creation and all-in Free cash flow per share, thanks to a growth algorithm, greater discipline over operating and capital expenditures and active management of its asset portfolio, balance