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In page Telia Company:

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A de facto telephone monopoly position was reached around 1920, and never needed legal sanction. In 1953 the name was modernised to Televerket. On 1 July 1992, this huge government agency's regulating functions was split off into the Swedish Post and Telecom Authority (Swedish: Post- och telestyrelsen, PTS), with similar functions as the Federal Communications Commission of the United States. The operation of the state radio and TV broadcast network was spun off into a company named Teracom. On 1 July 1993, the remaining telephone and mobile network operator was transformed into a government-owned shareholding company, named Telia AB. At the height of the dot-com bubble, on 13 June 2000, close to one-third of Telia's shares were introduced on the Stockholm Stock Exchange.[citation needed]