Telia planned 900 cuts and Telia Company stock costs EUR 3.90

Published on 10/14/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Telia's plan targets SEK 1 billion in annual savings. Telia Company stock costs EUR 3.90 on October 14, 2026, and Q3 results are due October 22.

Restructuring and reporting timetable

Telia planned 900 position reductions for October 12, 2026, targeting SEK 1 billion in annual savings.
Second-quarter 2026 revenue reached SEK 20.71 billion, up 4.60 percent year over year.
Telia Company stock trades at EUR 3.90 at 11:10 a.m. CEST at Lang & Schwarz on October 14, 2026.

5G-Sendemast in nordischer Landschaft bei Sonnenuntergang, Telia Company AB, SE0000667925 — Fotorealistisches Bild eines 5G-Sendemasts in nordischer Landschaft, Telia Company AB, ISIN SE0000667925, Skandinavien, Illustration mit AI erstellt.

Telia planned a reduction of 900 positions and targeted SEK 1 billion in annual savings on October 12, 2026, while Telia Company stock stood at EUR 3.90 at Lang & Schwarz on October 14, 2026 at 11:10 a.m. CEST. The restructuring also includes SEK 600 million in fourth-quarter 2026 charges, according to FinanzNachrichten.

What does the restructuring change?

The planned reductions cover employees and resource consultants across Telia's Nordic and Baltic operations. The company intends to transfer 220 positions from its common Technology unit to country organizations, with completion targeted for December 31, 2026, according to Global Banking and Finance.

The financial effect is designed to build over time: Telia expects the main cash flow benefits in 2027, while the full run-rate benefit is expected in 2028, according to FinanzNachrichten. For investors, the key test is whether the savings improve cash generation without weakening service execution in Finland and Norway.

Revenue growth sets the baseline

Telia's second-quarter 2026 revenue rose 4.60 percent year over year to SEK 20.71 billion, while net income reached SEK 2.23 billion, up 14.00 percent from the second quarter of 2025, according to Simply Wall St. Adjusted earnings before interest, taxes, depreciation and amortization stood at SEK 7.99 billion in the quarter, according to the financial statements.

The contrast is important: the restructuring promises SEK 1 billion in annual gross savings, while the latest quarterly revenue base was SEK 20.71 billion. The Q2 earnings profile therefore gives the cost program a measurable operating backdrop rather than making it the company's only financial growth factor.

Results date approaches

Telia will publish third-quarter 2026 results on October 22, 2026 at 7:00 a.m. CET and host its presentation at 9:00 a.m. CET, according to Nasdaq. A separate company calendar lists October 27, 2026 as the next dividend date, according to Affarsvärlden.

Stock price and company profile

Telia Company stock was at EUR 3.90 at Lang & Schwarz on October 14, 2026 at 11:10 a.m. CEST. The company had a market capitalization of SEK 171.5 billion on October 14, 2026, while its Nasdaq Stockholm 52-week range stood at SEK 35.07 to SEK 51.68. Telia Company operates in communication services and telecommunications across Sweden, Finland, Norway, Denmark and the Baltic states.

The further course of trading is shown by the continuously updated real-time quote of Telia Company stock.