STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
TeliaSonera invests in nationwide frequencies on the 800 MHz band. This became clear today when the Swedish Post and Telecom Agency (PTS) announced the result of the licence auction for the 800 MHz frequency band. TeliaSonera will use the licence for further expansion of the first and most extensive 4G network in Sweden.
“Our investment in the 800 MHz frequency band is the basis for a continued cost efficient 4G-roll out as well as providing a high quality customer experience. Together with the company’s investments in fixed broadband and other mobile networks, this will give our customers the best Internet access wherever they are,” says Håkan Dahlström, President of TeliaSonera Mobility Services.
On December 14, 2009, TeliaSonera became the first operator in the world to launch commercial next-generation mobile broadband by opening 4G networks in Stockholm and Oslo. In 2010, TeliaSonera launched 4G networks in Denmark, Finland and Estonia. The company also deployed pilot 4G networks during 2010 in Lithuania, Latvia and Uzbekistan. In Sweden, TeliaSonera’s 4G network today covers 28 cities and villages. By the end of 2011, the 4G network will be deployed in a total of 237 Swedish cities and villages.
The licence granted now is valid for 25 years, and the cost for TeliaSonera’s licence is SEK 854 million for frequency blocks of 2x10 MHz in the 800 MHz frequency band. The acquired frequency blocks in the 800 MHz frequency band are not subject to any conditions related to construction pace or population coverage in Sweden. The payment to PTS will be made during the second quarter of 2011. TeliaSonera has had a licence for the 2.6 GHz frequency band in Sweden, so far used in the existing 4G roll out.
TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication at 2.40 p.m on March 4, 2011.
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 (STO:TLSN)(LSE:TEE)(HEX:TLS1V)(Nasdaq:TLSN) 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 help 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 the leading European wholesale provider with a wholly-owned international carrier network. In 2010, TeliaSonera’s net sales amounted to SEK 107 billion, and at the end of December 2010 the total number of subscriptions was 156 million in 20 countries. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com (http://www.teliasonera.com/)
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