TeliaSonera strengthens its positions and influence in the Georgian and Uzbek markets

Press Release
January 29, 2008

TeliaSonera strengthens its positions and influence in the Georgian and Uzbek
markets

TeliaSonera has directly and via its subsidiary Fintur closed two transactions
in Eurasia, in order to streamline ownership structures and to strengthen its
positions and influence in the Georgian and Uzbek markets.

Fintur Holdings B.V. (Fintur), in which TeliaSonera's direct and indirect
ownership is close to 74 percent, has finalized an acquisition of an additional
14.3 percent interest in Geocell LLC (Geocell), the second largest mobile
operator in Georgia, for a total cash consideration of approximately SEK 210
million (USD 33 million), increasing Fintur's ownership in Geocell to 97.5
percent from 83.2 percent.

In addition, TeliaSonera has finalized the negotiations to introduce a local
partner to its Uzbekistan mobile operator OOO Coscom, the third largest mobile
operator in Uzbekistan, and sold 26 percent of its 100 percent ownership for a
cash consideration of approximately SEK 320 million (USD 50 million).

“These transactions emphasize TeliaSonera's commitment to the region and are in
line with our strategy to be the leading Eurasian mobile operator” says Tero
Kivisaari, President TeliaSonera Eurasia. “The introduction of a minority
shareholder in Uzbekistan is expected to bring significant local capabilities
and efficiencies to enhance our position and influence in the Uzbek market,”
Tero Kivisaari says. 


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.




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TeliaSonera AB, +46-(0)8-713 58 30

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, we launched mobile services in Spain. 
We are the leading European provider of quality cross-border voice, IP and
capacity services, provided through our wholly-owned international carrier
network. 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 www.teliasonera.com