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TeliaSonera AB (0H6X)

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Wednesday 11 April, 2007

TeliaSonera AB

TeliaSonera closes transaction and acquires deb...

Press Release
April 11, 2007

TeliaSonera closes transaction and acquires debitel Danmark A/S

TeliaSonera AB has today closed the acquisition of 100 percent of the shares in
debitel Danmark A/S. The transaction was approved by the Danish Competition
Authority on March 29, 2007. The transaction also includes debitel's 50 percent
share in DLG-debitel I/S, operating under the brand DLG Tele.

"The transaction strengthens our position as number two in the Danish mobile
market. Together with the acquisition of the 29 Telekæden stores in January, it
will make us well prepared for future growth," comments Kenneth Karlberg,
President Business Area Mobility Services at TeliaSonera.

The acquisition was announced on February 1, 2007, and following approval from
the Danish Competition Authority on March 29, 2007, the parties closed the
transaction on April 11, 2007. The total cash payment for 100 percent of debitel
Danmark could be up to approximately SEK 1,325 million (EUR 143 million). At
closing TeliaSonera paid a cash consideration of EUR 63 million. In addition
debitel's debt of EUR 35 million to the seller was settled. The remaining
payments are capped at EUR 45 million plus interest and are dependent on the
development of debitel during the following six months after closing.

As of December 31, 2006, debitel and DLG Tele had approximately 300,000 mobile
subscriptions. debitel will continue to operate as a service provider under a
separate brand on the Danish market. There will be no major changes in the
operation of the company.

For further information journalists can contact:
TeliaSonera Press service, +46-(0)20 77 58 30

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 is the leading telecommunications company in the Nordic and Baltic
region, with strong positions within mobile communications in Eurasia, Turkey
and Russia. At the end of 2006, TeliaSonera launched mobile services in Spain.
We provide reliable, innovative and easy-to-use services for transferring and
packaging voice, images, data, information, transactions and entertainment. In
2006, TeliaSonera's net sales amounted to SEK 91 billion, and the company had a
total of 96 million customers in 15 countries. The TeliaSonera share is listed
on the Stockholm Stock Exchange and the Helsinki Stock Exchange, and the company
is included in the Dow Jones Sustainability Index. Simplicity and service are
important tools for us in creating profitable growth and value for our customers
and shareholders. Read more at                                                                                                                                                                                                                            

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