M&A NEWS

Telia agrees SEK3.8bn deal for Telavox's Nordic enterprise customers

The operator also licenses Telavox's cloud communications platform to serve its own business customers.

M&A News deals deskTelecom / Enterprise communications · Europe, Nordics12 Nov 2026

Telia Company agreed on 12 November 2026 to buy Telavox's Nordic enterprise customer base for SEK3.8bn, plus a potential earn-out of SEK0.2bn, adding about 24,000 small and medium-sized business customers.

Why Telia Company AB is buying Telavox AB – Nordic enterprise customer base

Telia said the deal strengthens its core connectivity business and its position in the Nordic enterprise market, while consolidating services onto unified platforms should cut complexity and costs.

Deal terms and financing

The customer base generates about SEK1.1bn in annual revenue, SEK0.3bn in EBITDA and SEK0.25bn in free cash flow. Telia expects cost synergies of around SEK0.2bn and a rise of about 0.1x in net debt to EBITDA. About 180 Telavox employees in commercial roles are expected to join Telia.

Regulatory approvals and timing

The transaction is subject to customary regulatory approvals, with closing expected in the first quarter of 2027.

Market context

Most of Telavox's Swedish mobile users already run on Telia's network under a wholesale agreement that lasts until 2027.

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