Strong EBITDA Growth
EBITDA growth of 6.2% exceeded expectations, with particular strength in Sweden and Finland. The EBITDA margin expanded by 200 basis points.
Successful Strategic Moves
Telia closed the TV and Media transaction, signed a memorandum of understanding for a full exit from Latvia in 2026, and announced a public tender for Bredband2 to strengthen its consumer business in Sweden.
Sweden's Positive Performance
Net mobile subscriber intake in Sweden was the best in over 5 years, driven by consumer customers. Consumer segment grew by 2.3% with strong TV performance.
Lithuania's Financial Strength
Lithuania delivered very healthy service revenue growth, leading to an EBITDA growth of 11% and maintaining a record high level of EBITDA minus CapEx at SEK 1.6 billion.
CapEx Discipline
CapEx spend was well within the frame of less than SEK 14 billion per year, and free cash flow of SEK 2.3 billion was strong.