Telia will integrate Telavox's UCaaS platform to serve its expanded business customer base, targeting SEK 0.2 billion in cost synergies and a SEK 0.4 billion contribution to free cash flow by 2028.
Telia acquires Telavox's Nordic business customer base (~24,000 firms, 325,000+ end users) for SEK 3.8bn plus up to SEK 0.2bn earnout. The base generates SEK 1.1bn revenue, SEK 0.3bn EBITDA and SEK 0.25bn free cash flow, with SEK 0.2bn cost synergies and a SEK 0.4bn FCF contribution expected by 2028. This is a modest, fairly priced bolt-on (~0.1x net debt/EBITDA impact) that leaves the 2027 FCF target of at least SEK 10bn unchanged, so the financial effect is limited and roughly balanced — a strategically sensible but small deal unlikely to move the share meaningfully.
Telia Company has signed a binding agreement to acquire the Nordic business customer base of Telavox for SEK 3.8 billion, plus a potential SEK 0.2 billion earnout. The deal adds 24,000 companies and 325,000 end users to Telia's portfolio, with the transaction expected to close in the first quarter of 2027.
SEK 3.8 billion, plus a potential additional purchase consideration of SEK 0.2 billion.
No. The mid-term target of at least SEK 10 billion in free cash flow by 2027 is unchanged, and the acquisition is expected to have a limited effect on 2027 free cash flow after financing costs.