Update on TeliaSonera’s acquisition of Tele2’s Norwegian operations

Tele2-owned Mobile Norway, which TeliaSonera is acquiring, has signed an
agreement on leasing frequencies from Ice Communication Norge. As part of the
agreement, Ice will acquire parts of Tele2’s mobile infrastructure.
“This has a very positive impact on the competition on the Norwegian market. It
helps to meet the political target according to which there should be three
mobile networks in the country, while it also guarantees network access to
Tele2’s customers until spring 2015, when the traffic will be switched over to
our network,” said August Baumann, CEO of TeliaSonera Norway.

The leasing of frequencies guarantees network access to Tele2's customer in a
transition period, until the Competition Authority has decided whether
TeliaSonera is allowed to acquire Tele2’s Norwegian operations, in which Mobile
Norway is included.

The sale of parts of the mobile infrastructure also helps to ensure that there
will continue to be three networks on the Norwegian market. This transaction
also requires that TeliaSonera’s acquisition in Norway is approved by the
Competition Authority.

TeliaSonera announced in July that it acquires Tele2’s Norwegian operations for
SEK 5.1 billion. At the same time, the company committed itself to 98 percent
population coverage for 4G by the end of 2016, two years ahead of its previous
obligations. This is made possible by the coordination benefits that TeliaSonera
expects to achieve through the acquisition of Tele2’s Norwegian operations.

TeliaSonera has not participated in the negotiations between Ice and Tele2.


For more information, please contact the TeliaSonera press office +46 771 77 58
30, press@teliasonera.com, visit our
Newsroom (http://www.teliasonera.com/en/newsroom/) or follow us on Twitter
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TeliaSonera provides network access and telecommunication services in the Nordic
and Baltic countries, the emerging markets of Eurasia, including Russia and
Turkey, and in Spain. TeliaSonera helps people and companies communicate in an
easy, efficient and environmentally friendly way. Our ambition is to be number
one or two in all our markets, providing the best customer experience, high
quality networks and cost efficient operations. TeliaSonera is also a leading
wholesale provider who owns and operate one of the world’s most extensive fiber
backbones. In 2013, net sales amounted to SEK 101.7 billion, EBITDA to SEK 35.6
billion and earnings per share to SEK 3.46. The TeliaSonera share is listed on
NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at
www.teliasonera.com.