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    TELIA   SE0000667925

TELIA COMPANY AB

(TELIA)
  Report
Delayed Nasdaq Stockholm  -  11:29 2022-12-02 am EST
28.86 SEK   -0.59%
11/22Share buy-backs in Telia Company during week 46, 2022; buy-back program now completed
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11/22Telia : 5G connectivity enables remotely controlled passenger cars on Estonian streets
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11/15Share buy-backs in Telia Company during week 45 2022
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Telia, Deutsche Telekom, Orange, Telefonica, Vodafone Unveil Eco Rating Scheme for Mobile Phones

05/25/2021 | 06:17am EST

By Dominic Chopping

STOCKHOLM--Swedish telecommunications operator Telia Co. said Tuesday that it has joined forces with Deutsche Telekom AG, Orange, Telefonica SA and Vodafone Group PLC to launch a new European Eco Rating labeling scheme to rate the sustainability of mobile phones.

Telia said the initiative was created to provide consistent, accurate information at the point of retail on the environmental impact of producing, using, transporting and disposing of smartphones and feature phones.

A range of new consumer phones from 12 mobile-phone brands will be assessed by the rating, with others expected to be announced in the future, it added.

Launch partners include Bullitt Group--home of CAT and Motorola rugged phones--Doro, HMD Global--home of Nokia phones--Huawei Technologies Co., MobiWire, Lenovo Group Ltd. and Motorola, OnePlus, Oppo, Samsung Electronics Co., TCL Technology Group Corp. and Alcatel, Xiaomi Corp. and ZTE Corp.

Starting from June 2021, the mobile operators will begin to introduce the Eco Rating at points of sale across 24 countries in Europe where they are present.

Each mobile-phone handset will be evaluated across 19 different criteria, culminating in a single Eco Rating score out of 100 for each device.

The Eco Rating label will also highlight five key aspects of mobile-device sustainability, providing additional information about durability, repairability, recyclability, climate efficiency and resource efficiency.

Telia said the rating was developed with technical support from Spanish economic development, sustainability and environmental agency Ihobe, and with the participation of device suppliers using the latest EU guidelines, the United Nations' International Telecommunication Union, the European Telecommunications Standards Institute and the International Organization for Standardization.

The rating will be rolled out in Albania, Austria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lithuania, North Macedonia, Montenegro, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Turkey and the U.K.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

05-25-21 0616ET

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG -0.11% 19.648 Delayed Quote.20.54%
DOW JONES INDUSTRIAL 0.10% 34429.88 Real-time Quote.-5.25%
LENOVO GROUP LIMITED -1.41% 6.29 Delayed Quote.-29.80%
MOTOROLA SOLUTIONS, INC. 0.34% 272.7 Delayed Quote.0.37%
NOKIA OYJ 1.00% 4.838 Delayed Quote.-13.20%
ORANGE -1.10% 9.654 Real-time Quote.2.56%
SAMSUNG ELECTRONICS CO., LTD. -3.51% 60400 End-of-day quote.-22.86%
TCL TECHNOLOGY GROUP CORPORATION -1.98% 3.96 End-of-day quote.-35.82%
TELEFÓNICA, S.A. -1.59% 3.58 Delayed Quote.-7.06%
TELIA COMPANY AB -0.59% 28.86 Delayed Quote.-18.49%
US DOLLAR / TURKISH LIRA (USD/TRY) -0.04% 18.6221 Delayed Quote.39.82%
VODAFONE GROUP PLC -0.42% 91.14 Delayed Quote.-18.81%
XIAOMI CORPORATION -3.25% 10.12 Delayed Quote.-46.46%
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Financials
Sales 2022 90 641 M 8 730 M 8 730 M
Net income 2022 5 893 M 568 M 568 M
Net Debt 2022 65 702 M 6 328 M 6 328 M
P/E ratio 2022 19,9x
Yield 2022 7,19%
Capitalization 113 B 10 930 M 10 930 M
EV / Sales 2022 1,98x
EV / Sales 2023 1,94x
Nbr of Employees 19 150
Free-Float 58,6%
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 28,86 SEK
Average target price 34,30 SEK
Spread / Average Target 18,8%
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Managers and Directors
Allison Kirkby President & Chief Executive Officer
Per Christian M°rland Chief Financial Officer & Executive Vice President
Bert Lars-Johan Jarnheimer Chairman
Rainer Deutschmann Group Chief Operating Officer & Senior VP
Nina Linander Independent Director
Sector and Competitors