TeliaSonera´s associated company Telefos AB sells its holding in Eltel Networks
- 2007-06-12 07:06 UTC
Telefos AB, where TeliaSonera AB owns 25.6 percent, has signed an agreement with 3i to sell its shareholding in Eltel Networks. The purchase price is confidential and the transaction is subject to regulatory approvals. TeliaSonera expects that this transaction will have a positive effect on its second or third quarter earnings.
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TeliaSonera Press service, +46-(0)8-713 58 30
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.