TeliaSonera AB - Company Announcement

TeliaSonera closes the MCT acquisition for SEK 2.0 billion

TeliaSonera closes the MCT acquisition for SEK 2.0 billion

TeliaSonera AB, the leading telecommunications company in the Nordic and Baltic
region, has on July 16, 2007, closed the MCT Corp. (MCT) acquisition announced
on July 9. TeliaSonera acquired 100 percent of the shares in MCT, a US based
company with majority controlling shareholdings in three Eurasian GSM operators
in Uzbekistan and Tajikistan and a small minority interest in the leading GSM
operator in Afghanistan, for an enterprise value of approximately SEK 2.0
billion (USD 300 million).

“This transaction underlines TeliaSonera's strategy to be the leading Eurasian
mobile operator and strengthens our commitment and presence in the region.
Uzbekistan, Tajikistan and Afghanistan, with a combined population of
approximately 67 million, growing economies and relatively low mobile
penetration levels, provide an excellent growth opportunity for TeliaSonera in
Eurasia”, says Tero Kivisaari, Head of TeliaSonera's business area Eurasia.

The four GSM operators are:

- Uzbek-American Joint Venture “Coscom” LLC is the third largest mobile operator
in Uzbekistan, with 393,000 subscriptions and a market share of approximately 11
percent as of May 2007. Coscom's net sales in 2006 were USD 26 million and
EBITDA USD 5.8 million. MCT has a 99.97 percent interest in Coscom. Mobile
penetration in Uzbekistan is about 13 percent.
- CJSC Indigo-Tajikistan and CJSC Joint Venture Somoncom combined is the second
largest mobile operation in Tajikistan, with 377,000 subscriptions and a market
share of approximately 27 percent as of May 2007. The combined net sales in 2006
were USD 27 million and EBITDA USD 13.7 million. MCT has 60.0 percent interest
in Indigo-Tajikistan and 59.4 percent interest in Somoncom. Mobile penetration
in Tajikistan is about 20 percent.

- Telecom Development Company Afghanistan Limited (Roshan) is the largest mobile
operator in Afghanistan, with 1,300,000 subscriptions and a market share of
approximately 50 percent as of May 2007. Roshan's net sales in 2006 were USD 191
million and EBITDA USD 66.5 million. MCT has a 12.25 percent interest in Roshan.
Mobile penetration in Afghanistan is about 8 percent.

TeliaSonera AB will consolidate the operations in Uzbekistan and Tajikistan as
of the closing. The operation in Afghanistan will be reported as a financial
investment. 

TeliaSonera is already present in the region through its subsidiary Fintur
Holdings, with majority holdings in leading mobile operators in Kazakhstan,
Azerbaijan, Georgia and Moldova.

A slide presentation providing more background information about the
transaction, the respective operations and countries is available at
TeliaSonera's website www.teliasonera.com/ir.



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.


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
www.teliasonera.com.

Attachments:

07172005.pdf