Q4 revenues were indeed flat yoy and lfl excluding the COVID-19 impact. The trend is slightly but surely improving quarter after quarter and Telia should return to slight growth in 2021-23 with data monetisation, convergence and its TV unit which has not yet said its last word.
There is a safe and secure dividend of SEK2 per share corresponding to quite a high yield (5.3%) for such a well-regarded company.
We remain at Buy on the stock with a 25% upside.
29 Jan 2021
A gradual and reassuring improving trend
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A gradual and reassuring improving trend
Telia Company AB (TELIA:OME) | 0 0 0.0%
- Published:
29 Jan 2021 -
Author:
Jean-Michel Salvador -
Pages:
3
Q4 revenues were indeed flat yoy and lfl excluding the COVID-19 impact. The trend is slightly but surely improving quarter after quarter and Telia should return to slight growth in 2021-23 with data monetisation, convergence and its TV unit which has not yet said its last word.
There is a safe and secure dividend of SEK2 per share corresponding to quite a high yield (5.3%) for such a well-regarded company.
We remain at Buy on the stock with a 25% upside.