Telia posted Q1 service revenues of SEK17.1 bn, up 2.1% YoY, matching consensus.
Adjusted EBITDA rose 4% YoY to SEK7.9 bn, beating consensus by 1.4%, with free cash flow ~SEK900 bn versus SEK1.9 bn estimate.
Sweden showed strongest performance, service revenues +3% YoY and EBITDA +6.4% YoY, outpacing expectations; Finland and Norway also improved.
Shares rose 2.9% after results and the company reaffirmed its full‑year 2026 guidance despite early fiscal stage.