Telia, which has underperformed for a long time, is emerging as a real challenger to Elisa, and a change of guard in the telecommunications market is near, especially if similar results are seen in the coming years. Excess operations have been trimmed, the focus has shifted to core business areas, and operational efficiency has taken a leap for the better. Today, I discussed with @Joni_Gronqvist on video whether Telia has even emerged as a higher-quality company than Elisa.
Spoiler alert: Not quite yet, because the track record is still limited, but the gap has narrowed to very little.
Topics:
00:00 Introduction
00:22 Price competition in the market
04:00 Elisa’s growth has stalled
06:10 Data centers not yet providing a boost for Elisa
07:55 More cautious view on Elisa’s stock
10:13 Telia emerging as a more stable and focused company
15:31 Telia’s valuation is still a sticking point
16:35 Number one in the telecommunications market