Telia Company planned 900 job cuts while Telia Company stock costs EUR 4.07

Published on 10/15/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SEK 20.71 billion, up 4.60 percent year over year. Telia Company stock costs EUR 4.07 on October 15, 2026 at Lang & Schwarz.

Restructuring and reporting timetable

Telia Company planned 900 job cuts and SEK 1 billion in annual savings on October 12, 2026.
Second-quarter revenue reached SEK 20.71 billion, up 4.60 percent year over year.
Telia Company stock trades at EUR 4.07 at 11:08 a.m. CEST at Lang & Schwarz on October 15, 2026.

Isometrische 3D-Grafik der Telekom-Wertschöpfungskette, Telia Company AB, SE0000667925 — Isometrische 3D-Grafik der Netzwerk-Wertschöpfungskette, Telia Company AB, ISIN SE0000667925, Rechenzentrum Satellit Unterseekabel, Illustration mit AI erstellt.

Telia Company planned 900 job cuts and SEK 1 billion in annual gross savings on October 12, 2026, while Telia Company stock was trading at EUR 4.07 at Lang & Schwarz on October 15, 2026 at 11:08 a.m. CEST. Global Banking and Finance reported that the plan targets a simpler operating model and includes restructuring charges of SEK 600 million in the fourth quarter of 2026.

Cost plan targets SEK 1 billion

The restructuring is designed to move more responsibility to Telia's national units. The company also proposed transferring 220 roles from its common Technology unit to country organizations, with the full annual savings run rate expected from 2028.

The cost plan carries an immediate earnings question because the SEK 600 million charge is expected in the fourth quarter of 2026. The company said the measures would not change its 2026 financial outlook, while cash flow benefits are expected mainly from 2027.

What comes before October 22?

Telia's second-quarter revenue rose 4.60 percent year over year to SEK 20.71 billion, while diluted earnings per share increased to SEK 0.57 from SEK 0.50. Net income reached SEK 2.23 billion, up 14.00 percent from the second quarter of 2025, according to Simply Wall St.

The next dated company event is the third-quarter 2026 results release on October 22, 2026. Nasdaq Stockholm said Telia will publish the report at around 7:00 a.m. CET and hold its presentation at 9:00 a.m. CET. The next ex-dividend date is October 28, 2026.

Price holds the market link

Telia Company operates across Sweden, Finland, Norway, Denmark and the Baltic states, providing mobile, broadband, television and enterprise communications services. Its market capitalization was SEK 179.5 billion as of October 15, 2026, while the next results report will give investors the first direct update on the restructuring plan's financial effects.

Telia Company stock was trading at EUR 4.07 at Lang & Schwarz on October 15, 2026 at 11:08 a.m. CEST.

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