TeliaSonera increases its ownership in UCell

Press Release
February 2, 2010


TeliaSonera increases its ownership in UCell

TeliaSonera increases its ownership in UCell from 74 percent to 94 percent by
acquiring 20 percent of the shares in the jointly owned TeliaSonera Uzbek
Telecom Holding B.V. from Takilant Limited. TeliaSonera will pay approximately
SEK 1,550 million (USD 220 million) for the shares. TeliaSonera Uzbek Telecom
Holding B.V. is a Dutch holding company owning 100 percent of UCell in
Uzbekistan. 

“This transaction underlines TeliaSonera's strategy to increase ownership in
core holdings. With a young and large population, relatively low mobile
penetration and expanding economy, Uzbekistan continues to provide a valuable
opportunity for growth. We are committed to continue investing in the future
development of the telecommunication infrastructure and services in the
country,” says Tero Kivisaari, President of business area Eurasia, TeliaSonera.

About UCell
UCell has grown considerably since TeliaSonera acquired the shareholder majority
in mid 2007. In 2009, UCell became the second largest mobile operator in
Uzbekistan, with 4,759,000 subscriptions and a market share of approximately 30
percent as of September 2009. UCell's net sales for the period January-September
2009 were SEK 889 million. Mobile penetration in Uzbekistan is about 60 percent.



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 08.00 CET on February 2, 2010.

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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, the emerging markets of Eurasia, including Russia and Turkey, and 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 2008, TeliaSonera's net sales amounted to SEK 104 billion, and at
the end of December 2008 the total number of subscriptions was 135 million in 20
countries. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ
OMX Helsinki. 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