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After conducting the annual review of the carrying value of Telia Company's assets, there is a need to perform non-cash impairments of SEK 4.1 billion, whereof goodwill of SEK 2.8 billion related to Finland and goodwill of SEK 0.9 billion related to TV and Media. The impairments follow from changes to investment plans, market conditions and the regulatory environment.
Until the audit of the fourth quarter and full-year 2023 financial results is completed, all financial references in this press release are preliminary.
For more information, contact Telia Company's press office on +46 (0)771 77 58 30 (http://tel:+46771775830), visit our newsroom (https://www.teliacompany.com/en/newsroom) and follow us on LinkedIn (https://www.linkedin.com/company/teliacompany) and X (https://twitter.com/i/flow/login?redirect_after_login=%2FTeliacompany). To download our logo, high-resolution images of Telia leaders, offices and solutions or B-roll footage for editorial use, visit our media bank (https://www.teliacompany.com/en/category/media-bank).