Fourth quarter and full-year 2023 financial results impacted by non-cash impairments

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.

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