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TeliaSonera AB (0H6X)

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Monday 09 July, 2007

TeliaSonera AB

TeliaSonera has signed an agreement to expand i...

Press Release
July 9, 2007

TeliaSonera has signed an agreement to expand its presence in Eurasia

TeliaSonera AB, the leading telecommunications group in the Nordic-Baltic
region, has on July 6, 2007, signed an agreement to acquire up to 100 percent of
the outstanding shares in MCT Corp. (MCT), a US based company with majority
controlling shareholdings in three Eurasian GSM operators in Uzbekistan and
Tajikistan and a minority interest in the leading GSM operator in Afghanistan.
The closing of the transaction is pending fulfilment of certain conditions and
TeliaSonera estimates that these conditions will be met during the third quarter

The four GSM operators are:

-       Uzbek-American Joint Venture "Coscom" LLC (Coscom), the third largest mobile
operator in Uzbekistan. MCT has a 99.97 percent interest in Coscom.

-       CJSC "Indigo Tajikistan" (Indigo-Tajikistan) and CJSC Joint Venture "Somoncom"
(Somoncom), combined the second largest mobile operation in Tajikistan. MCT has
60.0 percent interest in Indigo-Tajikistan and 59.4 percent interest in

-       "Telecom Development Company Afghanistan Limited" (Roshan), the largest mobile
operator in Afghanistan. MCT has a 12.25 percent interest in Roshan.

For further information journalists can contact:
TeliaSonera's Press Office, +46-(0)8-713 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 at the end of
March 2007 the total number of customers exceeded 100 million 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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