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Telia Company 2016 results: a focus on core markets has led to improved profitability

William Hare Principal Analyst, Research

"Telia Company's investments in fibre have led to improved profitability, but further growth will require additional outlay."

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Telia Company’s withdrawal from its non-core markets led to improved profitability in 2016 and this withdrawal will continue in 2017. Its renewed focus will require continued infrastructure investment to drive profitability in a shrinking market, as legacy services decline.