STOCKHOLM, Sweden, March 28, 2002 (PRIMEZONE) -- The information published in the Finnish media stating that the chairmen of the boards of the two companies (Telia and Sonera) Tapio Hintikka and Lars-Eric Petersson checked in advance with the European Commission that the transaction would be approved is incorrect.
The companies have been in preliminary contact with the European Commission and will notify the transaction in due course.
They have streamlined the Group, focusing their core businesses and making the company more flexible. The four core businesses are: mobile communications, Internet services, international carrier operations and fixed network operations.
Telia is listed on Stockholmsborsen. Sales Jan.-Sept. 2001 totaled MSEK 42,226 and the number of employees was 22,500.
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