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The latest update is out from Telia Company AB ( (SE:TELIA) ).
Telia Company has signed a memorandum of understanding to divest its shares in Latvian fixed network operator Tet and mobile network operator LMT to the Republic of Latvia, Latvenergo, and LVRTC. This move is expected to streamline operations and enhance value creation, allowing Tet and LMT to develop under a new ownership model, benefiting customers and stakeholders.
The most recent analyst rating on (SE:TELIA) stock is a Hold with a SEK29.00 price target. To see the full list of analyst forecasts on Telia Company AB stock, see the SE:TELIA Stock Forecast page.
More about Telia Company AB
Telia Company is a leading telecommunications operator in the Nordic and Baltic regions, providing connectivity and communications services through sustainable and secure networks. The company plays a central role in digitalization, aiming to be a trusted partner in enhancing connected living.
Average Trading Volume: 8,329,704
Current Market Cap: SEK127B
See more insights into TELIA stock on TipRanks’ Stock Analysis page.