Telia Company AB (publ) (TELIA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome, everyone, to Telia Company's Q3 2025 results presentation. And with that, I will now hand it over to Telia Company's Head of Investor Relations, Erik Strandin-Piers. Please go ahead. The floor is yours. Thank you, Jen. Welcome, everyone, to the call. We have our CEO, Patrik Hofbauer, and our CFO, Erik Hagerman, in the room. And I hand over the word to Patrik. Please go ahead. Thank you, Erik, and good morning. Q3 was in many ways an important quarter as it confirms that we are doing the right things for our customers. Our group at MPS, so Net Promoter Score, continued to improve and has trended positively all quarters this year. Telia Sweden again won a clear majority of awards in the customer satisfaction survey by SKI and in both Finland and Norway we had strong outcomes in the EPSIS surveys on our customer satisfaction. We also continue to deliver on the value creation plan that we laid out in Q3 last year with EBITDA growth supported by profitable growth in service revenues as well as cost efficiencies. This helped drive an increase in free cash flow, which again more than covered our 2 billion dividend for the quarter. And as we talked about already three months ago, it was an eventful M&A quarter. The closing of TV and media transactions strengthened our balance sheet further. In July, we also signed a memorandum of understanding with our partner in Latvia, and we are now working hard to ensure that both parties fulfill the commitment to sign a share purchase agreement before year-end. We have also launched a formal offer to buy Breban 2, which will strengthen our consumer business in Sweden. And finally, we are upgrading our full-year outlook for the free cash flow to around 8 billion from 7.5 billion before, reflecting, among other things, strong Cap...