- Founded: December 9, 2002 (merger of Telia and Sonera)
- 2024 Revenue: SEK 89.1 billion (approximately $8.4 billion USD)
- Employees: Approximately 18,600
- Market Cap: Approximately $15 billion USD (November 2025)
- Headquarters: Solna, Sweden
Telia Company AB stands as the largest telecommunications operator in the Nordic and Baltic regions. The company provides mobile, broadband, and fixed-line services to millions of customers across Sweden, Finland, Norway, Estonia, Latvia, and Lithuania.
Telia operates through multiple segments offering connectivity services, enterprise solutions, and media content. The Swedish government owns approximately 39.5% of the company’s shares. Telia trades on both the Stockholm Stock Exchange and Helsinki Stock Exchange under the ticker TELIA.
TeliaSonera History
TeliaSonera Co-founders
TeliaSonera resulted from the 2002 merger of two state-owned telecommunications companies. Each predecessor organization had origins in government telegraph agencies established over a century earlier.
Telia Company Competitors
Telia Company faces competition from regional and international telecommunications providers. In Sweden, Tele2 serves as the primary competitor. Telenor competes strongly in Norway and other Nordic markets. Vodafone and other global operators also compete in enterprise segments.
| Company | Headquarters | Primary Markets |
|---|---|---|
| Telenor Group | Fornebu, Norway | Norway, Sweden, Denmark, Finland |
| Tele2 | Kista, Sweden | Sweden, Lithuania, Latvia, Estonia |
| Elisa | Helsinki, Finland | Finland, Estonia |
| DNA | Helsinki, Finland | Finland |
| 3 Scandinavia | Stockholm, Sweden | Sweden, Denmark |
| Orange S.A. | Paris, France | European Enterprise |
| BT Group | London, UK | European Enterprise |
| TDC Group | Copenhagen, Denmark | Denmark |
| Ice Norway | Oslo, Norway | Norway |
| Allente | Stockholm, Sweden | Sweden, Norway, Denmark, Finland |
Telia Company Revenue
Telia Company reported total revenue of SEK 89.1 billion for fiscal year 2024. This represents a slight increase compared to the prior year.
Sweden generates approximately 40% of total revenue, followed by Finland at 19% and Norway at 17%. Mobile services contribute around 40% of total revenue, while fixed services account for approximately 37%.
Telia Company Acquisitions
Telia Company has pursued acquisitions to expand geographic reach and diversify into media content. The company has also divested non-core assets in recent years to focus on Nordic and Baltic operations.
The Bonnier Broadcasting acquisition in December 2019 marked a major strategic shift for Telia. The company paid SEK 9.2 billion to acquire TV4 in Sweden, MTV in Finland, and the pan-Nordic premium channel operator C More. This deal transformed Telia into a converged telecommunications and media company. The European Commission approved the transaction after Telia agreed to license content to rival distributors on fair terms.
In Norway, Telia acquired NetCom in 2000 to enter the mobile market. The company later purchased Chess Communication in 2006 and acquired Get AS and TDC Norway in July 2018 for $2.6 billion. These deals strengthened Telia’s position as the second-largest telecom operator in Norway behind Telenor.
Telia has also made divestitures to simplify operations. The company sold its Eurasia operations in countries like Uzbekistan and Azerbaijan following corruption scandals. In 2020, Telia divested its 12.25% stake in Afghan operator Roshan. The company sold its internet backbone unit Telia Carrier to Polhem Infra for approximately $1 billion in June 2021. In February 2025, Telia announced the sale of its TV4 Media division to Schibsted for SEK 6.55 billion.
Telia Company Marketcap
Telia Company maintains a market capitalization of approximately $15 billion USD as of late 2025. The company trades on the Stockholm Stock Exchange under ticker TELIA.
FAQs
When was TeliaSonera founded?
TeliaSonera was founded on December 9, 2002, through the merger of Swedish telecom operator Telia AB and Finnish operator Sonera Corporation. The company was renamed Telia Company in April 2016.
Who owns Telia Company?
The Swedish government owns approximately 39.5% of Telia Company shares. The remaining shares are held by institutions, companies, and private investors worldwide. Finland divested its stake in 2018.
What countries does Telia Company operate in?
Telia Company operates in Sweden, Finland, Norway, Estonia, Latvia, and Lithuania. The company provides mobile, broadband, and fixed-line telecommunications services across these Nordic and Baltic markets.
What is Telia Company’s stock ticker symbol?
Telia Company trades under the ticker symbol TELIA on both the Stockholm Stock Exchange and Helsinki Stock Exchange. American depositary receipts trade as TLSNY on U.S. markets.
Did Telia acquire TV4?
Yes, Telia Company acquired Bonnier Broadcasting for SEK 9.2 billion in December 2019. This included TV4 in Sweden, MTV in Finland, and C More. Telia sold these media assets to Schibsted in 2025.