Telia Company AB

TELIA: XSTO (SWE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Telia Earnings: Cost Controls Showing Up as Turnaround Continues; We Raise Our FVE

Javier Correonero

Oct 23, 2026

Telia results beat were better than our expectations as management raised its 2026 EBITDA growth guidance to 3%-4% from around 3% previously despite having previously warned that the third quarter would be relatively weak.

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Telia Company AB

Telia Earnings: Cost Controls Showing Up as Turnaround Continues; We Raise Our FVE

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