TeliaSonera Sweden announces redundancies

TeliaSonera Sweden announces redundancies

As a step towards ensuring TeliaSonera's competitiveness and
establishing a cost level that enables TeliaSonera Sweden to offer the
market value-for-money products and services, management of TeliaSonera
Sweden have initiated discussions with the personnel organisations with
respect to redundancies.

Discussion is under way, and negotiations will take place this spring.

Redundancies relate to decisions in three areas:
* A new customer-oriented organisation with a simplified legal
structure is being set up in the Swedish operation.
* As of 1 January 2003, the TeliaSonera Group has one Corporate
Head Quarter.
* As of 1 April 2003, Group competence centres for product and
development has been introduced. These centres will take overall
responsibility in all of the markets as regards products and services of
strategic importance to the Group.

This process is part of the efforts to realize synergies and make stand-
alone improvements at TeliaSonera Sweden.

In the various phases of implementing these decisions, redundancies will
occur inasmuch as the entire organisation in Sweden will be affected
over the long term.

The first phase will affect staff functions, administration and
development resources and the first measure will be to reduce the number
of external consultants and personnel under contract. Nevertheless,
TeliaSonera's own personnel will also be affected. It is the intention
to be ready with the first phase before summer, and to arrive at an
overview and a developed plan for the process by that time.

In collaboration with the personnel organisations, the intention is to
utilise the good experiences from earlier redundancy projects, and it is
intended to carry out the process with respect for everyone involved.
The already established Telia Resource & Adjustment Programme will be an
important factor in facilitating for the employees who are affected.

"We have to secure our competitiveness and our capability to offer our
customers value-for-money products", says Marie Ehrling, President of
TeliaSonera Sweden. "Thus it is important that we take the consequences
of the changes that we have decided to implement."

For further information journalists can contact:
Marie Ehrling, President TeliaSonera Sweden, through TeliaSonera´s Press
Office, phone +46 8 713 58 30

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