TeliaSonera Investor Day

Press Release
September 7, 2009


TeliaSonera Investor Day

Today at TeliaSonera's Investor Day in Stockholm, President and CEO, Lars Nyberg
spoke about TeliaSonera's position, strategy, technological leadership and the
changing competitive landscape. 

“The unlimited demand for bandwidth makes both the mobile and fixed access
businesses attractive. Data traffic has exploded and the number of subscribers
is increasing. This will require that we develop our business models and
services. At the same time, we need to secure the quality of our networks and
improve our cost efficiency”, Lars Nyberg said. 

Nyberg also said: “To maximize shareholder value, TeliaSonera will have a
disciplined approach to M&A, with a strategy to increase ownership in core
holdings and evaluate complementary acquisitions within the group's existing
footprint, while at the same time selectively looking at new markets in
Eurasia.” 

TeliaSonera has earlier communicated that it will consider different strategic
options for the Spanish operation, Yoigo. Given the present economic climate, we
have not been able to find an acceptable solution, and therefore our current
focus is to continue to develop Yoigo's business. The forecast is that Yoigo
will become EBITDA positive in the fourth quarter 2010 and cash flow positive at
the end of 2011. 

At the meeting, TeliaSonera reiterated its outlook for 2009 saying that net
sales in local currencies and excluding acquisitions are expected to be in line
with or slightly below the level of 2008. The addressable cost base in 2009 is
expected to be below the SEK 33.8 billion of 2008, in local currencies and
excluding acquisitions. The EBITDA margin in 2009 is expected to exceed the
level of 2008, excluding non-recurring items. The CAPEX-to-sales ratio is
expected to be in the range of 13-14 percent in 2009.

Other featured TeliaSonera speakers at the Investor Day included, Kenneth
Karlberg, President Business Area Mobility Services, Håkan Dahlström, President
Business Area Broadband Services, Karin Eliasson, Head of Group Human Resources,
Tero Kivisaari, President Business Area Eurasia and Per-Arne Blomquist,
Executive Vice President and CFO.


TeliaSonera AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The
information was submitted for publication at 13.00 p.m. CET on September 7,
2009.

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For further information journalists can contact:
The TeliaSonera Press Office, +46-771 77 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 provides telecommunication services in the Nordic and Baltic
countries, the emerging markets of Eurasia, including Russia and Turkey, and in
Spain. We are the leading European provider of quality cross-border voice, IP
and capacity services, provided through our wholly-owned international carrier
network. In 2008, TeliaSonera's net sales amounted to SEK 104 billion, and at
the end of December 2008 the total number of subscriptions was 135 million in 20
countries. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ
OMX Helsinki. 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