TeliaSonera International Carrier 15 Years in Russia

STOCKHOLM, Sweden--(Business Wire)--
TeliaSonera international carrier is happy to announce its
celebrations of its 15th anniversary on the Russian market.

TeliaSonera first invested in the Russian market by establishing
fiber from Finland to St. Petersburg and later to Moscow. Telecom
Finland was the owner, later renamed to Sonera, and consequently the
name of the fully owned company was changed to Sonera-Rus. In April
2000 TeliaSonera International Carrier Russia a wholly owned entity
was registered in Moscow. When Swedish incumbent Telia and the Finnish
incumbent Sonera merged in 2003, the Russian subsidiaries merged as
one company under the new name ZAO TeliaSonera International Carrier
Russia with offices in St Petersburg and Moscow.

During its 15 years in Russia, TeliaSonera International Carrier
has seen its asset value rise from $2 million to $50 million.
TeliaSonera International Carrier's IP traffic has successfully grown
in Russia - the growth was 22 percent more than the average growth for
IP during last year.

"It's with great joy that we announce our 15 years of successful
presence in Russia. Our expansion into Eastern Europe is an important
strategic step in our ambition to become one of the three largest
global IP carriers" said Malin Frenning Senior Vice President of
TeliaSonera and Head of TeliaSonera International Carrier. Developing
our presence in Eastern Europe and delivering high quality IP services
locally and globally is the future for TeliaSonera International
Carrier."

TeliaSonera International Carrier provides wholesale international
IP, Capacity and Voice services to major destinations in Europe and
across the Atlantic. The services are based on TeliaSonera
International Carrier's wholly owned European and trans-Atlantic
networks. As well as owning one of the largest network footprints in
Europe, TeliaSonera International Carrier also has peering points in
the US. TeliaSonera International Carrier is the leading carrier of IP
and Voice traffic in Europe. TeliaSonera International Carrier is a
company fully owned by the TeliaSonera Group. In 2007 TeliaSonera
International Carrier was awarded for Best Wholesale Carrier by the
World Communication Awards. Visit www.teliasoneraic.com

TeliaSonera provides telecommunication services in the Nordic and
Baltic countries, in Spain and the emerging markets of Eurasia,
including Russia and Turkey. We are the leading European provider of
quality cross-border voice, IP and capacity services, provided through
our wholly-owned international carrier network. In 2007, TeliaSonera's
net sales amounted to SEK 96 billion, and at the end of December 2007
the total number of subscriptions exceeded 114 million in 18
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

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.

This information was brought to you by Cision
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TeliaSonera AB
TeliaSonera's Press Office, +46-(0)8-713 58 30

Copyright Business Wire 2008