Telia’s TV & Media business grew by 14% in 2021. The business which includes TV4, C More and the Finnish national channel MTV achieved its highest-ever share of linear viewing in Sweden.
Digital advertising grew by 28% in Sweden, driven by the streaming service TV4 Play.
The subscriber base of C More, which has continued to invest in premium sports rights, also grew.
The number of subscriptions increased by 9.6% to 865,000.
Adjusted EBITDA was SEK 878 million for the full year, an increase of 15%
In the fourth quarter, revenue increased by 10.9% to approximately SEK 2.6 billion, while adjusted EBITDA decreased to SEK -7 (200) million.