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Concept
Telia Company
Summary
Telia Company AB is a Swedish multinational telecommunications company and mobile network operator present in Sweden, Finland, Norway, Denmark, Estonia, Latvia and Lithuania.
Telia also owns TV4 Media which includes TV4 in Sweden, MTV Oy in Finland, and C More Entertainment after acquiring them in 2019.
The company is headquartered in Solna and its stock is traded on the Stockholm Stock Exchange and on the Helsinki Stock Exchange.
Telia Company in its current form was first established as TeliaSonera, as the result of a 2002 merger between the Swedish and Finnish telecommunications companies, Telia and Sonera. This merger followed three years after Telia's failed merger attempt with Norwegian telecommunications company Telenor, now its chief competitor in the Nordic countries.
Before privatisation, Telia was a state telephone monopoly. Sonera, on the other hand, had a monopoly only on trunk network calls, while most (c. 75%) of local telecommunication was provided by telephone cooperatives. The separate brands Telia and Sonera continued to be used in the Swedish and Finnish markets respectively until March 2017, when Sonera was rebranded to Telia. Of the stock, 39.5% (31 March 2020) is owned by the Swedish government, and the rest by institutions, companies, and private investors worldwide. The Finnish government (through Solidium) divested from Telia Company in February 2018, when it sold its remaining 3.2% stake.
Televerket (Sweden)
The Swedish Kungl. Telegrafverket (literally: Royal Telegraph Agency) was founded in 1853, when the first electric telegraph line was established between Stockholm and Uppsala. Allmänna Telefon found an equipment supplier in Lars Magnus Ericsson. In this early competition, Telegrafverket with its brand Rikstelefon was a latecomer. However, by securing a national monopoly on long-distance telephone lines, it was able with time to control and take over the local networks of quickly growing private telephone companies.
A de facto telephone monopoly position was reached around 1920, and never needed legal sanction.
Official source
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