Sweden could sell 37% Telia stake

5 Apr 2019

The Swedish government is being asked to examine the possibility of selling off its 37.3% stake in fixed and mobile telco Telia. Parliament’s Committee on Industry and Trade has requested the government to study a potential sale, saying: ‘The state’s main task is not to own and run companies.’ The centre-left government is known to be against a sale, however, claiming that it is in the interest of national security for the state to retain an interest in Sweden’s telecoms infrastructure. According to a report from Reuters, the Telia stake would be valued at around USD7.5 billion.

Sweden, Telia Company