STOCKHOLM -- TeliaSonera's (Nasdaq:TLSN - News; LSE:TEE - News; HEX:TLS1V) (STO:TLSN) subsidiary NetCom has today signed an agreement with Tele2 Norge AS to use Netcom's mobile network as a mobile virtual network operator (MVNO). The agreement implies transferring all Tele2 Norge's traffic from Telenor's network to NetCom's network before April 1, 2008. Tele2 Norge will start operating as an MVNO in NetCom's mobile network as from summer 2007 and the agreement will include access to future services, for example turbo 3G. The initial term of the agreement is four years after the transfer is fulfilled.

"We are very pleased that we have brought this agreement to a successful close. The agreement will further strengthen our growth opportunities and increase the efficiency of our network in Norway," comments Kenneth Karlberg, President Business Area Mobility Services at TeliaSonera. NetCom estimate that the agreement, after fulfilment of the transfer, will have an annual impact on sales of approximately SEK 500 millions. The transfer is expected to be fulfilled by April 2008.

Telia Company