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Telia Sells TV Operations to Schibsted for $613 Million

2/26/2025

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Summary

Story summary

Telia Company is set to offload its TV and media operations, including Sweden's TV4 and Finland's MTV, to Schibsted Media for a whopping SEK 6.55 billion ($613 million). This strategic move, anticipated to finalize in Q3 2025, enables Telia to concentrate on its core connectivity services while Schibsted strengthens its foothold in the Nordic media landscape.

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Story summary

Telia Company is set to offload its TV and media operations, including Sweden's TV4 and Finland's MTV, to Schibsted Media for a whopping SEK 6.55 billion ($613 million). This strategic move, anticipated to finalize in Q3 2025, enables Telia to concentrate on its core connectivity services while Schibsted strengthens its foothold in the Nordic media landscape.