CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Telia To Acquire Telavox's Nordic Enterprise Customer Base

By Reuters News

Nov 12 (Reuters) - Telia Company AB (publ) TELIA.ST:

  • TELIA TO ACQUIRE TELAVOX'S NORDIC ENTERPRISE CUSTOMER BASE AND LICENSE THEIR UNIFIED COMMUNICATIONS PLATFORM

  • BOUGHT CUSTOMER BASE INCLUDES 24,000 BUSINESSES, 325,000 END-USERS, 240,000 MOBILE END-USERS

  • TO ACQUIRE TELAVOX'S NORDIC ENTERPRISE CUSTOMER BASE FOR SEK 3.8 BILLION, PLUS A POTENTIAL EARN-OUT OF SEK 0.2 BILLION.

  • CLOSING EXPECTED IN Q1 2027

  • ACQUIRED CUSTOMER BASE CURRENTLY GENERATES APPROXIMATELY SEK 1.1 BILLION IN ANNUAL REVENUE

  • IMPACT ON TELIA'S NET DEBT TO EBITDA RATIO IS EXPECTED TO BE AN INCREASE OF APPROXIMATELY 0.1X.

  • MID-TERM TARGET OF AT LEAST SEK 10 BILLION OF FREE CASH FLOW BY 2027 REMAINS UNCHANGED

  • ACQUISITION IS EXPECTED TO HAVE A LIMITED POST-FINANCING IMPACT ON FREE CASH FLOW IN 2027

  • SEES A CLEAR CASE FOR ACHIEVING COST SYNERGIES OF AROUND SEK 0.2 BILLION

  • BY 2028, FREE CASH FLOW CONTRIBUTION BEFORE FINANCING COSTS IS EXPECTED TO REACH SEK 0.4 BILLION

  • SEES OPPORTUNITIES TO GENERATE REVENUE SYNERGIES THROUGH CROSS-SELLING AND UPSELLING ITS FULL PORTFOLIO OF CONNECTIVITY AND DIGITAL SERVICES TO ACQUIRED CUSTOMERS

Further company coverage: TELIA.ST

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