TELIA COMPANY

Telia Company reported a rise in third-quarter adjusted earnings and a significant increase in free cash flow, prompting the Swedish telecom operator to raise its full-year cash flow forecast.

Telia Company said Friday it is extending the acceptance period for its 3.11 billion Swedish kronor takeover offer for broadband provider Bredband2 after the deal came under an extended antitrust review in Sweden.

Telia Company has published the official offer document for its 3.11 billion Swedish kronor cash bid for broadband provider Bredband2 i Skandinavien, moving forward with a deal to strengthen its position in its home market.

Telia is reshaping its business with a series of deals, announcing a recommended 3.1 billion Swedish kronor cash offer for broadband provider Bredband2 and a plan to exit Latvia.

Telia Company has launched a recommended cash offer to acquire Swedish broadband provider Bredband2 i Skandinavien for approximately 3.11 billion Swedish kronor.

Telia Company has agreed to sell its stakes in Latvian telecom operators Tet and LMT, marking its exit from the country as it continues to streamline its operations.