Press Release
April 3, 2008
TeliaSonera restates historical financial information and operational data for
the financial years 2007 and 2006 according to new organizational structure
TeliaSonera hereby presents, ahead of the Interim Report January-March 2008,
restated historical financial information and operational data for the financial
years 2007 and 2006 for the business areas Mobility Services and Broadband
Services as well as for Other operations. For restated data see
www.teliasonera.com/investor_relations
On January 1, 2008, TeliaSonera combined all its business-to-business sales
resources into one sales organization in order to improve service for customers
and increase sales efficiency. The change means that the business area
Integrated Enterprise Services was turned into a common sales division, called
Business Services, for basic telecom services and managed-services solutions to
business customers. As of January 1, 2008, the activities of Business Services
will be reported as a part of the business areas Mobility Services and Broadband
Services, and of Other operations.
Consequently, TeliaSonera's financial reporting has been changed to reflect the
new structure. The restatement of historical financial information and
operational data for the financial years 2007 and 2006 will have no impact on
reported Group numbers as published in the Annual Report 2007 or on the issued
outlook. Historical information for business areaEurasia is also unaffected by
the change.
Mobility Services
The business area is responsible for personal mobility services for the consumer
and enterprise mass markets. Products and services in focus include mobile voice& data, mobile content, WLAN Hotspots, mobile over broadband, mobile/PC
convergence and Wireless Office. The operations comprise the mobile operations
in Sweden, Finland, Norway, Denmark, Lithuania, Latvia, Estonia and Spain.
SEK in millions, except margins and Restated Restated
number of subscriptions Jan-Dec Jan-Dec
2007 2006
Net sales 45,115 42,534
EBITDA excl. non-recurring items 13,084 13,804
Margin (%) 29.0 32.5
Operating income excl. non-recurring items 8,751 9,569
CAPEX 4,168 3,252
Number of subscriptions, end of period (thousands) 14,501 13,434
Broadband Services
The business area is responsible for mass-market services for connecting homes
and offices and for home communications. Products and services in focus include
broadband over copper, fiber and cable, IPTV, voice over Internet, home
communications services, IP-VPN/Business Internet, leased lines and traditional
telephony. The business area operates the group common core network, including
the data network of the international carrier business. The business area
comprises operations in Sweden, Finland, Norway, Denmark, Lithuania, Latvia (49
percent), Estonia and international carrier operations.
SEK in millions, except margins and Restated Restated
number of subscriptions Jan-Dec Jan-Dec
2007 2006
Net sales 44,478 44,033
EBITDA excl. non-recurring items 12,821 13,809
Margin (%) 28.8 31.4
Operating income excl. non-recurring items 7,515 8,242
CAPEX 5,722 4,862
Number of subscriptions, end of period (thousands)
Broadband 2,326 1,990
Fixed telephony 6,218 6,497
Other operations
Other operations comprise TeliaSonera Holding and Corporate functions, as
previously, and Other Business Services. Other Business Services is responsible
for sales and production of managed-services solutions to business customers.
These operations were previously part of Integrated Enterprise Services.
SEK in millions, except margins Restated Restated
Jan-Dec Jan-Dec
2007 2006
Net sales 2,049 1,096
EBITDA excl. non-recurring items -161 -96
Margin (%) neg. neg.
Operating income excl. non-recurring items 264 374
CAPEX 527 282
TeliaSonera will present the Interim Report January-March 2008 on FridayApril
25, 2008.
TeliaSonera AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The
information was submitted for publication at 8.30 am on April 3, 2008.
_____________________________________________
For further information journalists can contact:
TeliaSonera AB, +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.
TeliaSonera provides telecommunication services in the Nordic and Baltic
countries, in Spain and the emerging markets of Eurasia, including Russia and
Turkey. We are the leading European provider of quality cross-border voice, IP
and capacity services, provided through our wholly-owned international carrier
network. In 2007, TeliaSonera's net sales amounted to SEK 96 billion, and at the
end of December 2007 the total number of subscriptions exceeded 114 million in
18 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
TeliaSonera restates historical financial information and operational data for the financial years 2007 and 2006 according to new organizational structure
| Source: Telia Company AB
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