Telia Company AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 21, 2021 at 01:00 am EDT
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Telia Company AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was SEK 21,271 million compared to SEK 21,530 million a year ago. Net income was SEK 1,597 million compared to SEK 2,519 million a year ago. Basic earnings per share from continuing operations was SEK 0.39 compared to SEK 0.62 a year ago. Basic earnings per share was SEK 0.39 compared to SEK 0.62 a year ago.
For the nine months, sales was SEK 64,962 million compared to SEK 65,726 million a year ago. Net income was SEK 10,629 million compared to SEK 1,576 million a year ago. Basic earnings per share from continuing operations was SEK 2.56 compared to SEK 0.43 a year ago. Basic earnings per share was SEK 2.6 compared to SEK 0.39 a year ago.
Telia Company AB is the leading Scandinavian telecommunications operator. Net sales (including intragroup) break down by activity as follows:
- telecommunications services (85.8%): mobile telephony (19.8 million subscribers at year-end 2022), fixed-line telephony (0.9 million), cable television transmission (3 million), broadband Internet access (2.9 million), etc.;
- media services (9.6%): production and broadcasting of audiovisual content (TV4, C More and MTV channels);
- other (4.6%).
Net sales are distributed geographically as follows: Sweden (46.4%), Finland (18.7%), Norway (16.5%), Denmark (5.8%), Lithuania (5.5%), Estonia (4%) and other (3.1%).
TELIA COMPANY AB 
