Telia Company Results Presentation Deck slide image

Telia Company Results Presentation Deck

CAPEX has peaked Key drivers Mobile network Fixed network - Product & IT . ā— Network modernization 5G roll-out Partly replacing coverage/capacity investments Copper legacy shut down Continued footprint growth Selective fiber deployment with partners Modernize and simplify IT Convergence capabilities Digitalize customer journeys New and common product platforms Strengthen analytics capabilities Coverage ARPU uplift Reduced churn Footprint Customer base OPEX reduction Products Cust. experience OPEX reduction Investment agenda intact, updated phasing Main focus on modernizing mobile networks and transforming away from our technical legacy 31 CAPEX excl. licenses and right of use assets Reported currency, in SEK billion, as % of net sales 16 12 8 4 - - 15.0% - 2020 Mobile NW 18.0% 2021 Fixed NW 17.6% 2022 Product & IT Other 2023 Network modernization key driver of increased 21-22 investment levels CAPEX to reduce to SEK 13-14bn in 2023 due to Reduction in network modernization activities and slower 5G roll-out pace Significant Product & IT investments to support transformation agenda, but lower than 2022
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