Telia Company AB (publ) (TELIA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and good morning everyone. Welcome to the call. We have as usual CEO Patrick Hofbauer and CFO Erik Hagerman here and I hand the word over to you Patrick. Thank you, Erik, and good morning, everyone. We continue to see good commercial momentum in the business with strong performance in our core operations. I will take you through the key areas. Starting with customer satisfaction is improving and our net promoter score continues to increase. This helps to drive growth in the customer base, and we had positive mobile net ads across our three biggest markets this quarter. We delivered high-quality experience to fans during the FIFA World Cup, and our network supported record data traffic and streaming volumes. Protecting our customers is equally important, and we blocked tens of millions of scam calls in the quarter. Our management of asset portfolio remains very active and we are driving targeting consolidation in our markets. After closing the Breban 2 deal last quarter, we have agreed to two smaller Bolton acquisitions in Sweden, adding a city network and a niche B2B MVNO. Work on the mobile run-sharing agreement with ICE in Norway is progressing well, although taking slightly longer than initially estimated. In July, we also completed the stake increase and new partnership in our Finnish fiber JV, Valo Koitonen. Simplification is fundamental to our strategy. We recently closed a hillbop mobile brand in Sweden, and we have agreed to transfer part of our ICT business in Finland to our partner, including around 250 employees. This will help us to focus even more on our core business. We are using AI and other technologies to improve customer journeys, which saves time both for us and our customers. Turning to innovation, we have agreed to form a partnership w...