Tele2 to pay more than SEK 1 billion to TeliaSonera
- 2006-05-02 15:20 UTC
The district court in Stockholm today ruled that Tele2 is to pay slightly more than SEK 1 billion, plus interest, to TeliaSonera. The claim is based on a decision that the Swedish National Post and Telecom Agency (PTS) made in the autumn of 2001 concerning fees that Tele2 is to pay for calls that are initiated in Tele2’s network and terminated in TeliaSonera’s fixed and mobile networks.
“This has been a long and drawn-out process and it is positive that the Court has now established TeliaSonera’s right to receive payment for what it has delivered to Tele2,” says Marie Ehrling, head of TeliaSonera Sweden. Today’s decision does not have an impact on TeliaSonera’s operating results, although the payment by Tele2 will have a positive effect on cash flow when it is received.
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.