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Telia

TELIA:SS

Primary coverage by Russell Waller

Rating

Neutral

SEK kr45

Model

Updated January 30, 2026

Research

Telia Q1 26: Nice EBITDA beat, growth ahead of guidance

April 24, 2026 — Russell Waller
Sector rally call slides - Orange/Telia/Tele2 and whole sector: Downgrade to Neutral

March 12, 2026 — Russell Waller, Jeremy Ben-Nathan, James Ratzer and Ben Rickett
Telia (Buy): RAN sharing deal a nice support (a negative for Telenor)

February 3, 2026 — Russell Waller
Telia post Q4 25 model update - The Buy case remains unchanged

January 30, 2026 — Russell Waller
Telia Q4 25: Good FCF beat and DPS increase

January 29, 2026 — Russell Waller

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