TeliaSonera's acquisition of shares in Omnitel completed

TeliaSonera's acquisition of shares in Omnitel completed

The Lithuanian Competition Council has approved TeliaSonera's
acquisition of Motorola's 35-percent shareholding in UAB Omnitel of
Lithuania. With that the acquisition is completed and TeliaSonera now
holds 90 percent of the shares in Omnitel. TeliaSonera pays USD 117
million for Motorola's shares. The purchase price is paid in cash and
the transaction will have a cash flow effect on TeliaSonera in the
fourth quarter 2003.

TeliaSonera is pursuing its aim of strengthening TeliaSonera as the
leading mobile and fixed-line telecom operator in its core market, the
Nordic-Baltic region. UAB Omnitel, which was the first private
telecommunications company established in Eastern Europe, is the largest
mobile operator in the Baltic countries with one million subscribers at
the end of November 2003. The company presently has an overall market
share of approximately 50 percent and is the leading choice of corporate
customers in Lithuania.

For further information journalists can contact:
Birgitta Grafström, +46-(0)70-555 0004

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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