Polhem Infra to acquire Telia Carrier

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Telia Company has announced that it has reached an agreement with Polhem Infra for the sale of its international carrier business, Telia Carrier, for a value of SEK 9,450 million (US$ 1.05 billion) on a cash and debt-free basis. At the same time, Telia Company enters a long-term strategic partnership with Telia Carrier, securing continuous world-leading network solutions to Telia’s customers. The Board of Directors has also decided to propose an additional dividend of 0.65 SEK/share (USD 0.073/share), bringing the total dividend for 2019 back to 2.45 SEK/share (USD 0.27/share) which was originally proposed in January 2020.

 

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