Telia Had An Excellent Run - I'm Out

2025-06-30 08:57:50 ET

Some investors questioned in previous articles and comments, my focus on Nordic and Swedish telco businesses. This included Telenor (TLSNF) ( OTCQX:TELNY ) as well as Telia, which is the focus of today's article. Telia has been a long position of mine, but I didn't really buy deep until we saw sub-28 SEK share price levels. I have followed the company closely with several "BUY" ratings and recommendations, most notably in August and December of last year, and only recently in mid-2025 and now, went "HOLD" and cut down my position in the company. In the interim, and since the 2024 rating, I have seen returns of over 44% inclusive of dividends, compared to a 13% RoR from the S&P 500, a very clear outperformance....

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