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	Sonera, Telia Confirm Merger Talks - Broadband Week 03/25/2002 (Site not responding. Last check: 2007-10-14)
		Finland's Sonera and Sweden's Telia confirmed Monday that they are discussing a possible merger of the two state-controlled telecommunications groups.
		Shares of Sonera, which rose as much as 10 percent in early trading, were up 4.9 percent at 5.98 euros ($ 5.24) at midday in the Finnish capital.
		Telia was 2.5 percent higher at 40.3 Swedish kronor ($ 3.92) on the Stockholm Stock Exchange.
	www.broadbandweek.com /news/020325/020325_telecom_sonera.htm (332 words)

	CNN.com - Sonera confirms merger talks with Telia - Mar. 25, 2002
		HELSINKI, Finland (Reuters) - Finland's largest telecom operator Sonera on Monday confirmed it was in merger talks with the region's largest operator Telia, but said it was too early to predict the outcome.
		The two state-controlled firms have repeatedly been reported to be in merger or cooperation talks over the past two years, and a link-up would create a carrier with a market capitalisation of around $17.2 billion which would be better placed to fight off challenges from larger European rivals.
		But with Sonera's finances steadily improving and Telia in a strong financial position, analysts have said the time may be right for a merger, which would strengthen the two companies positions in relation to bigger European rivals.
	archives.cnn.com /2002/BUSINESS/03/25/sonera.telia (228 words)

	Blueprint : headline (Site not responding. Last check: 2007-10-14)
		Sonera and Telia have been courting now for some time, but in the past political issues have precluded any deal.
		By contrast, Telia Mobile grew 33 percent in 2001 and contributed 29 percent of overall group turnover.
		Telia Sonera will also hold a share of 3G licenses in three of Europe’s top six wireless markets — Quam in Germany, Ipse in Italy and Xfera in Spain.
	www.arcchart.com /blueprint/print.asp?id=263 (815 words)

	CNN.com - Telia plans to buy Sonera - June 13, 2001 Posted: 1150 GMT
		Shares in Sonera, of which the Finnish state owns 53 percent, shot up 12.9 percent on the news but later eased to trade 8.1 percent higher at 1130 GMT.
		Telia's long outspoken ambition is to beef up its presence in its Nordic home market where it already is the biggest operator.
		Based on current figures for the three separate companies a group comprised of Telia, Sonera and TDC would have a market value of 313 billion Swedish crowns ($28.88 billion), annual sales of 127 billion crowns and more than 30 million subscribers including customers in subsidiaries outside the Nordic region.
	cnnstudentnews.cnn.com /2001/BUSINESS/06/13/telia.reut (317 words)

	RTE Business - Sonera to merge with Telia of Sweden
		Finland's state-controlled telecommunications operator Sonera said today that it had agreed to merge with Swedish semi-public rival Telia to create the largest telecoms operator on the Nordic and Baltic market.
		Telia will hold 64% of the new entity, for which a name has yet to be chosen, while Sonera will hold 36%.
		Sonera is 52.8% owned by the Finnish state, while the Swedish state holds a 70% stake in Telia.
	www.rte.ie /business/2002/0326/telia.html (187 words)

	TeliaSonera - About TeliaSonera - Company history (Site not responding. Last check: 2007-10-14)
		Telia - the telecommunications leader in Sweden- was earlier operated by the Swedish State as a public service corporation, Televerket.
		In 1993, the government introduced a Telecommunications Act, which made it mandatory to apply for a licence to provide telecommunication services on a larger scale and a national regulatory authority was established to enforce the law.
		Sonera - the telecommunications leader in Finland - originated from the state organization Telegraph Office of Finland, created shortly after the foundation of the independent state of Finland in 1917.
	www.teliasonera.fi /article/0,2858,l-fi_h-14264,00.html (454 words)

	Mobilaris :: News/Press :: News Stories (Site not responding. Last check: 2007-10-14)
		Telia Sonera is implementing a centralized solution to cut the number of systems.
		In the merger of Telia and Sonera, Telia had to abandon their own mms-system in favor of Nokia´s that Sonera had chosen for the entire network.
		The Telia Sonera deal confirms Mobilaris position on the domestic market, but aims are set higher and Mobilaris is now extending international marketing, jointly with Ericsson.
	www.mobilaris.com /news_news.php?id=031010 (492 words)

	Sonera
		Currently, Sonera Entrum is in charge of fixed network joint ventures in the Baltic States, provides services to over 500,000 consumers in Eastern and Northern Finland, and, increasingly is providing services to corporate customers in the region.
		Both Sonera Entrum and Telia are two telecom leaders realizing the benefits of this computing approach to their business needs as telecom players.
		Sonera Entrum has an access network of its own in Finland and is in charge of fixed network ventures in Baltic countries.
	www.open-mag.com /features/Vol_15/sonera/sonera.htm (1926 words)

	EUROPA - Rapid - Press Releases (Site not responding. Last check: 2007-10-14)
		Both Telia and Sonera are partly state-owned and are the leading telecommunications operators in their respective countries.
		Sonera is the leading provider of mobile communications services, data communications services and international voice services in Finland.
		The loss of Telia as an actual and potential powerful competitor for a wide range of telecommunications services in Finland will strengthen the dominant position of Sonera in its home market, in particular as regards fixed and mobile communications services.
	europa.eu.int /rapid/start/cgi/guesten.ksh?p_action.gettxt=gt&doc=IP/02/1032\|0\|RAPID&lg=EN&display= (687 words)

	NoWW: Hop-On phones are recycled Nokia's (Site not responding. Last check: 2007-10-14)
		The merger of Telia and Sonera was the starting shot for the consolidation of telecom companies, at least according to Tapio Hintikka, chairman of the Sonera board who will also chair the board of the merged company.
		Telia already belonged to an alliance and Sonera was considered an oddball for staying outside of them.
		Telia and Telenor already tried this earlier but the nationality aspect turned out to be too much to overcome.
	www.nordicwirelesswatch.com /newsletter/archive/2002-04-05.html (1951 words)

	Giddy: Telia-Sonera case study (Site not responding. Last check: 2007-10-14)
		This gives Telia shareholders 64 per cent of the new company, and Sonera's 36 per cent.
		Telia would acquire Sonera's market leadership in Finland, plus Sonera's interests in their joint ventures in the Baltic states and Russia.
		The major issue facing Telia is whether it can make an offer that does not destroy value for its shareholders, but is still attractive to Sonera shareholders.
	pages.stern.nyu.edu /~igiddy/cases/telia.htm (283 words)

	HS Business & Finance 27.3.2002 - Sonera and Telia merge; other partners to be sought in near future
		The merger of Sonera and Telia is only the first step on the path of the new Nordic telecommunications giant.
		This was assured on Tuesday by Sonera and Telia management, as well as the companies' principal shareholders, the Finnish and Swedish states.
		The union of Sonera and Telia is the first such crossborder merger of state-held telecom companies.
	www2.hs.fi /english/archive/news.asp?id=20020327IE4 (612 words)

	Unstrung - WLANs/WiFi/802.11 - Finnish 3G License for Sale - Wireless Networking News Analysis
		Sonera has a 42.8 percent stake in Group 3G, which holds one of six expensive 3G licenses in Germany.
		In Spain, Sonera is one of many shareholders in Xfera, in which it holds a 14.25 percent stake.
		Sonera has decided not to invest any additional funds in Group 3G, Sonera's German UMTS consortium, and to limit investments in IPSE 2000, Sonera's Italian UMTS consortium, and Xfera, Sonera's Spanish UMTS consortium, to the minimum amount allowable under existing commitments." That minimum amounts to about 500 million ($494 million).
	www.unstrung.com /document.asp?doc_id=18410 (1269 words)

	BBC News \| BUSINESS \| Rivals plan Nordic telecoms tie-up
		Sonera, Finland's state-controlled telephone firm, is in merger talks with Swedish rival Telia, Finnish Prime Minister Paavo Lipponen has admitted.
		Sonera's finances have been shaky in recent years, and it recently unveiled heavy losses for the last three months of 2001.
		Telia, meanwhile, has been a strong performer and has little debt, but faces a challenge early next year, when overseas competitors launch third-generation mobile services in its home market.
	news.bbc.co.uk /1/hi/business/1891669.stm (410 words)

	Kuhn Capital : NEWS
		HELSINKI, Finland - Northern European telco giants Sonera and Telia confirmed Monday that they are discussing a possible merger of the two state-controlled telecommunications groups.
		Sonera shares rose as high as 10 percent in early trading, closing up 2.3 percent at 5.83 euros (dlrs 5.11) in the Finnish capital.
		Telia finished 1 percent higher at 39.70 Swedish kronor (dlrs 3.86) on the Stockholm Stock Exchange.
	www.kuhncap.com /v2/news_details.asp?news2_id=48 (263 words)

	RTE Business - Telia, Sonera confirm merger talks
		Swedish semi-public telecommunications operator Telia has confirmed that it is in merger talks with Finland's state-controlled rival Sonera.
		Sonera is 52.8% owned by the Finnish state.
		Rumours have circulated on the Nordic market for more than a year that Telia, which has been selling off its non-core activities, has done so in order to pay for the acquisition of either Sonera or TDC of Denmark, part of its strategy to increase its dominance on the Nordic market.
	www.rte.ie /business/2002/0325/telia.html (112 words)

	Telia: Preliminary Earnings, January - March 2002 : ArriveNet Press Releases : Technology (Site not responding. Last check: 2007-10-14)
		In March, Sonera and Telia announced a plan to merge.
		The combination of Telia and Sonera will be implemented through an exchange offer made by Telia to all shareholders of Sonera.
		You may obtain a free copy of these documents after they are filed with the SEC and other documents filed by Telia and Sonera with the SEC at the SEC's web site at www.sec.gov.
	press.arrivenet.com /technology/article.php/322104.html (598 words)

	TCS Daily - Telecom Template (Site not responding. Last check: 2007-10-14)
		BRUSSELS -- A proposed merger between two former national telecommunications monopolies - Sweden's Telia and Finland's Sonera -- is set to become a template for EU competition policy as the European Commission uses the leverage it has in vetting the deal to promote liberalization of the market.
		The Telia and Sonera merger will in effect be a test case, as the telcos are both former national monopolies, and the Commission wants to use it to encourage reform of the sector.
		Another possibility is that Telia and Sonera are trying to force the merger task to clear the deal early.
	www.tcsdaily.com /article.aspx?id=061202M (853 words)

	Mobile CommerceNet / EU conditionally approves Telia buy of Sonera (Site not responding. Last check: 2007-10-14)
		The European Commission cleared the sale of Finnish Sonera to Swedish telecommunication company Telia AB on condition that Telia sells its mobile phone business in Finland and its domestic cable TV operation, and only if it creates a legal separation between its remaining fixed line and mobile phone services.
		Telia offered 1.5 of its own shares for each Sonera share in late March in a bid worth 7.4 billion at the time.
		The deal will result in Telia shareholders owning 64 percent of the combined company, and Sonera shareholders holding the remaining 36 percent.
	www.nordicwirelesswatch.com /story.php?story_id=1922 (232 words)

	Sonera and Telia to consolidate Latvian interests. \| Telecommunications > Cell Phones from AllBusiness.com
		Both Sonera and Telia hold stakes in Latvia?s Lattelekom fixed-line telecoms monopoly and the country?s largest mobile operator Latvijas Mobilais Telefons (LMT).
		If the European Commission approves the proposed Sonera and Telia merger, the new company will be headed by Anders Igel, former executive director of Esselte stationary company and a Telia board member.
		Sonera owns 49 per cent of Lattelekom through Tilts Communications, while both Telia and Sonera each hold 24.5 per cent of LMT.
	www.allbusiness.com /periodicals/article/191301-1.html (469 words)

	EU approves Telia - Sonera merger
		The approval is conditional on Telia selling its mobile operations, dealership chain and wireless LAN business in Finland while also providing a national roaming contract to the buyer if needed.
		Telia has committed to sell its comhem AB cable business and related network in Sweden.
		Telia's President and CEO Anders Igel and Sonera's President and CEO Harri Koponen jointly said "We are of course delighted about getting such a fast approval of the merger between the two companies.
	www.cellular-news.com /story/7151.php (327 words)

	White & Case LLP - News - White & Case Advises Sonera Corporation in the Largest Ever Merger in the Nordic Region
		In the largest ever merger in the Nordic region, White & Case is representing Sonera Corporation and its major shareholder, the State of Finland, in connection with the merger between Sonera and Telia AB of Sweden.
		The merger of Sonera and Telia will create the leading telecommunications group in the Nordic and Baltic region.
		Telia, which is 70% owned by the Swedish state, has offered 1.5144 of its shares for each Sonera share, representing a 15.8% premium.
	www.whitecase.com /news/detail.aspx?news=329 (394 words)

	Sonera and Telia Partner to Create Nationwide Network in Russia
		Telia AB of Sweden and Sonera Corp. of Finland have joined forces with Russian investment group AO Telecomivest.
		The Nordic companies are hoping to be part of the expected wave of growth in the Russian mobile telephony market; with one of the lowest penetration rates at about 3%, the Russian market is predicted to grow intensely over the next five to seven years.
		Commenting on the new venture, Martti Huttunen, vice president of Sonera Wireless Ventures, said, "Consolidation has become a key means to create value, new areas of growth, efficiencies, and consumer benefits in telecommunications.
	www.mobileinfo.com /news_2001/Issue34/Sonera_Telia.htm (365 words)

	Telia Sonera
		Telia Sonera is the result of a merger between the Swedish and Finnish telecommunications companies, Telia and Sonera[?].
		Both of them have a history as national telephone monopolies before being privatized and subsequently merged.
		Despite the corporate merger the separate brand names of Telia and Sonera will continue to be used on Swedish and Finnish national markets respectively.
	www.ebroadcast.com.au /lookup/encyclopedia/te/TeliaSonera.html (68 words)

	Thomas Husson - Telia Sonera in Spain
		Telia Sonera has announced to have increased its stake in Xfera to 80%.
		Telia Sonera will thus launch its mobile activities in Spain under the existing license agreement.
		It is also a sign of Telia Sonera's growing internationalization strategy.
	weblogs.jupiterresearch.com /analysts/husson/archives/2006/06/telia_sonera_in.html (196 words)

	Telia-Sonera merger given the go-ahead - Telecoms - Breaking Business and Technology News at silicon.com
		The $7.4bn merger between Swedish telco Telia and Finish telco Sonera has been approved by the European Commission, on the condition Telia complies with certain conditions.
		In order to complete the deal with Sonera, Telia must sell its mobile retail chain operations, its dealership chain and its wireless local area network business in Finland, plus it must provide a national roaming contract for buyers of the two company's products, the EC said.
		Telia and Sonera's new business also has to provide Swedish and Finish operators with access to its regulated wholesale fixed and mobile network products.
	www.silicon.com /networks/telecoms/0,39024659,11034514,00.htm (428 words)

	TELIA-SONERA MERGER WALKS REGIONAL POLITICAL TIGHTROPE
		Telia is twice as large as its Finnish neighbor, and its stockholders will control 64% of the new entity.
		The powerhouse vendors reside in Sweden and Finland respectively, and Telia and Sonera have historically shown preference to their native vendors.
		If the Sonera and Telia deal goes through, however, it could spur its stubborn Scandinavian neighbors Telenor, Tele Danmark and even KPN and Belgacom into negotiations to create a pan-Scandinavian carrier, which would fend off the expansionist intentions of BT, France Telecom and Deutsche Telkom, said Julian Rawle, a senior market analyst with Pioneer Consulting.
	telephonyonline.com /mag/telecom_teliasonera_merger_walks/index.html (1223 words)

	Telia-Sonera deal bodes well for cross-cultural mergers. \| Information > Internet Publishing and Broadcasting from ...
		For Telia, the deal is a chance to ensure it remains the master of its own destiny for a while longer.
		Refusing to let Sonera pursue fiscally preferable paths (such as a sale or merger) on the grounds of political pride wasn?t responsible, certainly not at the least to the Finnish people who own a large chunk of the company both privately and through the government.
		But the deal has been structured in such a way that, although Telia is without a doubt the buyer, Sonera (and by extension, Finland) will maintain a significant say in the management of the company.
	www.allbusiness.com /information/internet-publishing-broadcasting/129944-1.html (712 words)

	EU conditionally approves Telia buy of Sonera
		The European Commission Wednesday granted Swedish telecommunication company Telia AB conditional clearance to buy its Finnish rival Sonera, marking the first European Union competition ruling on a merger of two former state-owned telephone carriers.
		The Commission said in a statement that the deal could go ahead on condition that Telia sells its mobile phone business in Finland and its domestic cable TV operation, and only if it creates a legal separation between its remaining fixed line and mobile phone services.
		Telia offered 1.5 of its own shares for each Sonera share in late March in a bid worth 7.4 billion ($7.35 billion) at the time.
	www.networkworld.com /news/2002/0710eutelson.html (591 words)

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