Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Telia Company AB (publ) is a Nordic and Baltic telecommunications operator providing connectivity, communication, and digital services to consumers, enterprises, and public-sector customers. The company operates primarily in the telecommunications and digital infrastructure industries, offering mobile and fixed-line services, broadband, television, and advanced network solutions. Its core revenue drivers are mobile subscriptions, fixed broadband, and enterprise connectivity services, with additional contributions from TV/media distribution and wholesale network access.
The company serves consumer households, small and medium-sized enterprises, large corporations, and government entities, with a strategic focus on high-quality networks and digital reliability. Telia’s positioning is centered on owning and operating critical national infrastructure, particularly mobile and fiber networks, which provides scale advantages, regulatory relevance, and stable cash flows. Founded in the 19th century as the Swedish state telegraph operator, Telia evolved through mergers and privatization, most notably the formation of TeliaSonera in 2002 and its later rebranding to Telia Company AB, alongside a strategic exit from several Eurasian markets to refocus on the Nordic and Baltic regions.
Business Operations
Telia’s operations are organized around core connectivity services, including Mobile Services, Fixed Broadband, TV & Media Distribution, and Enterprise & Carrier Services. Revenue is generated primarily through subscription-based mobile and broadband offerings, usage-based services, and long-term enterprise contracts. The company owns and operates extensive mobile and fiber networks, including 4G and 5G infrastructure, and provides wholesale access to other operators.
The company operates through a number of country-level subsidiaries, including Telia Sverige AB, Telia Norge AS, Telia Finland Oyj, Telia Eesti AS, Telia Lietuva AB, and Telia Latvia SIA. Telia also maintains strategic network-sharing agreements and infrastructure partnerships in several markets to optimize capital efficiency while maintaining network quality and coverage.
Strategic Position & Investments
Telia’s strategic direction emphasizes operational efficiency, network leadership, and disciplined capital allocation within its core geographic footprint. Growth initiatives focus on expanding 5G coverage, increasing fiber penetration, and developing digital services for enterprise and public-sector customers. The company has prioritized sustainability, network resilience, and cybersecurity as integral components of its long-term strategy.
In recent years, Telia has streamlined its portfolio through divestments of non-core operations and selective acquisitions that strengthen its infrastructure and service capabilities. Notable strategic assets include its ownership stake in Telia Carrier, a global IP and backbone services provider operating under the brand Arelion, which serves international carriers and large enterprises. The company continues to invest in emerging technologies related to cloud connectivity, Internet of Things (IoT), and advanced network automation.
Geographic Footprint
Telia’s primary operational footprint is concentrated in Northern Europe, with leading market positions in Sweden, Finland, Norway, Estonia, Latvia, and Lithuania. The company is headquartered in Stockholm, Sweden, and derives the vast majority of its revenue from the Nordic and Baltic regions, where it benefits from high digital adoption rates and stable regulatory environments.
Beyond its domestic markets, Telia maintains international reach through its global carrier and backbone operations, providing connectivity services across Europe, North America, and Asia-Pacific. While the company no longer operates consumer telecom businesses outside its core region, its international infrastructure assets give it continued influence in global data traffic and wholesale connectivity markets.
Leadership & Governance
Telia Company AB operates under a governance model aligned with Swedish corporate standards, with a focus on transparency, regulatory compliance, and long-term value creation. The company’s leadership emphasizes network quality, customer trust, and responsible business practices, reflecting its role as a provider of critical national infrastructure in multiple countries.
Key executives include:
- Patrik Hofbauer – President and Chief Executive Officer
- Hanna Bennison – Executive Vice President & Head of Infrastructure
- Niclas Johansson – Executive Vice President & Chief Financial Officer
- Åsa Tamsons – Executive Vice President & Head of Enterprise
- Anders Olsson – Executive Vice President & Head of Sweden
The leadership team’s strategic vision centers on maintaining Telia’s position as a trusted digital infrastructure provider while delivering stable financial performance and sustainable growth across its core markets.