In Sweden, Telia stated it delivered a file quarter, with service income progress of 4.8%, supported by shopper, TV, broadband and cell companies
In sum – what to know:
Income steady, income down – 2025 income held at SEK 81 billion, whereas internet revenue fell to SEK 4.3 billion.
Money circulation strengthened – Free money circulation elevated to SEK 9.3 billion, supported by greater adjusted EBITDA and favorable working capital dynamics.
Price self-discipline continues – Telia launched talks to chop round 600 roles whereas investing in progress areas.
Nordic service Telia Firm reported flat income and decrease internet revenue in 2025 in contrast with 2024, reflecting continued service income progress and price self-discipline offset by a big non-cash provision associated to asset retirement obligations.
Full-year income amounted to SEK 81 billion ($9.07 billion), unchanged yr on yr, whereas whole internet revenue declined to SEK 4.3 billion from SEK 7.8 billion in 2024. The telco famous that the decline was largely pushed by a SEK 3.7 billion non-cash provision improve associated to asset retirement obligations in Sweden and Finland.
Adjusted EBITDA elevated 5.2% year-on-year in 2025, supported by service income progress and decrease operational bills. Service income grew 1.5% like for like, pushed by Sweden, the Baltics and different operations.
Capex excluding spectrum and leases declined to SEK 12.8 billion from SEK 13.4 billion the earlier yr.
In Sweden, Telia delivered a file quarter, with service income progress of 4.8%, supported by shopper, TV, broadband and cell companies. “We noticed Sweden ship its finest quarter in trendy occasions with income progress reaching virtually 5%, supported by enterprise and mission-critical companies, but in addition robust progress in shopper and an improved development on cell. For 2026, we see continued good monetary momentum and due to this fact, information for service income and EBITDA progress of round 2% and round 3%, respectively, and a steady Capex degree,” the corporate’s president and CEO, Patrik Hofbauer, informed a convention name with traders.
Efficiency was weaker in Finland, the place service income and EBITDA declined, primarily because of the enterprise phase and the closure of non-core companies.
“In Norway, service income was near flat regardless of decrease cell wholesale income since cell finish person and stuck income improved clearly. This was primarily pushed by pricing and resulted in vital ARPU progress throughout our core companies,” the chief added.
Within the Baltics, the service acknowledged that Lithuania delivered robust efficiency throughout product areas, together with the launch of the nation’s first personal 5G standalone community and the beginning of building of a brand new knowledge heart close to Vilnius. Estonia reported modest progress and rising buyer satisfaction, it added.
As a part of its price and effectivity efforts, Telia initiated union negotiations in January 2026 regarding a proposed discount of roughly 600 positions, whereas opening 150 new roles in progress areas comparable to safety, knowledge sovereignty and mission-critical connectivity.
In November 2025, Telia has reached an settlement with Nokia to reinforce its 5G networks in Finland, Sweden, Norway, Estonia and Lithuania, by the deployment of Nokia’s cloud-native 5G Standalone (SA) Core.

