It’s getting really difficult to find decent valuations but for some reason Telia Company has performed quite poorly for quite some time now. It dropped today almost 2% so I decided to buy additional 250 shares for 3,714 EUR per share. Dividend policy is exactly what I expected it to be going forward. 2 SEK annually for next couple of years (+ perhaps additional ones) is quite OK and I still maintain a fair value estimation significantly above the current valuation. Then there’s the additional consolidation option in the sector which should provide interesting possibilities for the involved parties.