Yoigo launches mobile services on December 1

Press Release
November 30, 2006


Yoigo launches mobile services on December 1

TeliaSonera's Spanish mobile operator, Yoigo, launches its low cost and
easy-to-use mobile services on December 1, 2006. The initial commercial offer
includes the same prices for both post and prepaid customers.

After only 150 days, Yoigo is ready to launch its first services as the fourth
mobile operator to enter the Spanish market. Yoigo will launch mobile operations
based on its own 3G network combined with national 2G roaming. The approach will
be a benchmark low cost operation with a sharp business focus on targeting
mass-market customers. The benchmark low cost is based on a streamlined
organization with outsourced functions, including network roll-out, maintenance
and operations, customer care, logistics and warehousing.

"We are very pleased to present the Yoigo offering after a record-breaking
roll-out. Our offering will be easy-to-use services with attractive and
transparent pricing. Our surveys showed that 2 out of 3 customers in Spain are
not aware of the tariffs on their mobile calls. We will therefore introduce a
straightforward and transparent tariff model in the Spanish mobile market," says
Kenneth Karlberg, President of TeliaSonera Norway, Denmark, the Baltic countries
and Spain.

The launch offering targets mass-market customers and pricing will be the same
for both post and prepaid customers: EUR 0.12 per minute for national calls and
a call connection charge of EUR 0.12 (prices excluding VAT). The prices are
valid across the entire country, with seamless handover across the 3G and 2G
networks. In addition to voice services, Yoigo will also offer its customers
SMS, MMS, mobile Internet access, mobile portal services and international
roaming.

TeliaSonera's financial goals for Yoigo in Spain
Yoigo's total financing need, including investments in network, IP service
platforms, start-up costs and spectrum fees (including accrued spectrum fees
from 2002), is estimated to be less than SEK 9 billion (EUR 1 billion) for the
first five years. The operation is expected to be cash flow positive and
earnings accretive within the same time frame.

The goal is to have a market share of less than one percent at the end of next
year, with a short-term target of blended average revenue per user of around EUR
30 per month. Customer acquisition costs for postpaid customers are expected to
be lower than the Spanish average of approximately EUR 120 and slightly higher
than the Spanish average of about EUR 40 for prepaid customers. CAPEX is
estimated to be front loaded in the initial period due to a rapid network
roll-out.

The long-term ambition is to reach a market share of approximately 10 percent by
2015 and an EBITDA margin of around 30 percent, excluding non-recurring items.

About Yoigo
Yoigo is the new brand of TeliaSonera's subsidiary Xfera, which was awarded the
fourth 3G-license in Spain. TeliaSonera, the leading telecom operator in the
Nordic and Baltic regions has a 76.6% shareholding in the company. ACS, a
construction and services group, has a 17% stake, FCC a 3.4% stake and Telvent a
3% stake.

Invitation to Press and Analyst Meeting

Date:   Friday, December 1, 2006
Time:   12:00 (CET)
Place:  TeliaSonera's Head Office, Sturegatan 1, Stockholm

Mr Anders Igel, CEO and President of TeliaSonera AB, Mr Kim Ignatius, CFO and
Executive Vice President of TeliaSonera AB and Mr Kenneth Karlberg, President of
TeliaSonera Norway, Denmark, the Baltic countries and Spain will be present.

Press identification card or similar is required to attend the press- and
analyst meeting.

The press conference will be held in English and will be broadcasted live over
the Internet at www.teliasonera.com/ir.

Listen in and attend the press- and analyst meeting live over the phone
You can also listen to the meeting live over the phone and attend the Q&A
session via a conference call.

Please note that there might be a time lag of up to 30 seconds between the
Internet broadcast and the conference call if you are simultaneously watching
and calling in to the press conference.

Dial-in information
To ensure that you are connected to the conference call, please dial in a few
minutes before the start of the press- and analyst meeting to register your
attendance.

Dial-in number:                 [phone]
Participants should quote:              TeliaSonera

You can also listen to the conference live on our web site:

Replay number until Dec 12, 2006:       [phone]
Access code:            72 96 90

_______________________________________________
Further information is available to journalists from:
TeliaSonera's Press Office, [phone]


TeliaSonera is the leading telecommunications company in the Nordic and Baltic
regions. At the end of December 2005 TeliaSonera had 19,146,000 mobile customers
(69,887,000 incl. associated companies) and 7,064,000 fixed telephony customers
(7,688,000 incl. associated companies) and 2,263,000 internet customers
(2,331,000 incl. associated companies). Outside the home markets TeliaSonera has
extensive interests in the growth markets in Russia, Turkey and Eurasia.
TeliaSonera is listed on the Stockholm Stock Exchange and the Helsinki Stock
Exchange. Net sales January-December 2005 amounted to SEK 87.7 billion. The
number of employees was 28,175.


Forward-Looking Statements
Statements made in the press release relating to future status or circumstances,
including future performance and other trend projections are forward-looking
statements. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future. There can be no assurance that actual results will not
differ materially from those expressed or implied by these forward-looking
statements due to many factors, many of which are outside the control of
TeliaSonera.