TeliaSonera: Yoigo and The Phone House Sign Distribution Agreement
Exhibit
99.1
TeliaSonera:
Yoigo and The Phone House Sign Distribution Agreement
STOCKHOLM,
Sweden--(BUSINESS WIRE)--Oct. 31, 2006--TeliaSonera's mobile
operator Xfera in Spain, with its new brand Yoigo, has signed its
first
distribution agreement with The Phone House. The agreement will
enable Yoigo's services to be sold through the chain's 400 stores in
Spain.
The
Phone
House, the biggest independent telecommunications chain in
Spain
and Europe, and Yoigo, Spain's fourth mobile phone operator, have
reached an agreement whereby The Phone House will distribute the new
operator's entire supply in its 400 stores. The Phone House agreement
is exclusive for the first three months from the commercial launch
allowing the retail chain to be the sole distribution channel for
Yoigo's services.
Yoigo's
entry as a mobile phone operator in the Spanish telecoms market
means that there will be a broader range of supply and competition
in the sector. Spanish customers will benefit from a greater
variety of prices, products and services.
"With
this
agreement, we gain access to one of the most qualified distribution
channels operating in Spain. We are very pleased about this
alliance with The Phone House, which will enable our products to reach
the
end consumer," says ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, President of TeliaSonera
Norway, Denmark, Baltic and Spain.
▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇, Chairman of The Phone House in Spain, says: "We want
to
thank Yoigo for placing its trust in The Phone House to distribute
its products. Yoigo's offering will strengthen our leadership
in the market and will broaden the range of supply to customers
in our 400 sales outlets."
About
Yoigo
Yoigo
is
the new brand of TeliaSonera's mobile operator Xfera that was
awarded the fourth 3G-licence in Spain. TeliaSonera, the leading telecoms
operator in the Nordic and Baltic region has a 76.6% stakeholding
in the company. ACS, the construction and services group, has
a 17%
stake, FCC, a 3.4% stake and Telvent, a 3% stake.
TeliaSonera
is the leading telecommunications company in the Nordic
and
Baltic regions. At the end of December 2005 TeliaSonera had 19,146,000
mobile customers (69,887,000 incl associated companies) and 7,064,000
fixed telephony customers (7,688,000 incl associated companies)
and 2,263,000 internet customers (2,331,000 incl associated companies).
Outside the home markets TeliaSonera has extensive interests
in the growth markets in Russia, Turkey and Eurasia. TeliaSonera
is listed on the Stockholm Stock Exchange and the Helsinki Stock
Exchange. Net sales January-December 2005 amounted to SEK 87.7 billion.
The number of employees was 28,175.
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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CONTACT:
TeliaSonera
Communications
Manager
▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇, 0 8-713 58 30