STOCKHOLM, Sweden, Nov. 08, 2004 (PRIMEZONE) -- TeliaSonera AB is to sell its stake in Infonet Services Corporation (ISC) to British Telecommunications PLC (BT). Headquartered in the USA, ISC is a global provider of voice and data communications solutions. In return for the sale of its 20% holding in ISC, TeliaSonera AB will receive approximately USD 194 million in the first halfyear 2005. TeliaSonera expects a capital gain of approximately MSEK 100.
The transaction is subject to approval from anti-trust and other authorities and is expected to be completed during the first halfyear of 2005.
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.
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