STOCKHOLM, Sweden–(BUSINESS WIRE)–Sept. 19, 2006–TeliaSonera’s newly established mobile operator in Spain, Xfera, has today reached an agreement with Vodafone, renewing the terms and conditions of the previous roaming agreement signed by Xfera and Vodafone in 2001. The agreed conditions provide for full national roaming in Vodafone’s Spanish 2G-network.
“We are satisfied with the conditions offered by Vodafone which are in accordance with our expectations. By combining the excellent quality and nationwide coverage of Vodafone’s network and the high capacity of Xfera’s network, we will be able to offer the customers in Spain seamless services across networks,” says Kenneth Karlberg, President of TeliaSonera Norway, Denmark, the Baltic countries and Spain.
The agreement is a key element to Xfera’s launch of its commercial offerings before the end of the year. Xfera will offer nationwide coverage based on the combination of Xfera’s own 3G-network, currently being rolled-out according to license requirements, and the roaming agreement concluded with Vodafone.
About Xfera
Xfera is the mobile telecommunications company that was awarded the fourth 3G-licence in Spain. TeliaSonera, the leading telecoms operator in the Nordic and Baltic region has a 76.6% stakeholding in the company; ACS, the construction and services group, has a 17% stake, FCC, a 3.4% stake and Telvent, a 3% stake.
TeliaSonera is the leading telecommunications company in the Nordic and Baltic regions. At the end of December 2005 TeliaSonera had 19,146,000 mobile customers (69,887,000 incl associated companies) and 7,064,000 fixed telephony customers (7,688,000 incl associated companies) and 2,263,000 internet customers (2,331,000 incl associated companies). Outside the home markets TeliaSonera has extensive interests in the growth markets in Russia, Turkey and Eurasia. TeliaSonera is listed on the Stockholm Stock Exchange and the Helsinki Stock Exchange. Net sales January-December 2005 amounted to SEK 87.7 billion. The number of employees was 28,175.
Forward-Looking Statements
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.
Source- http://biz.yahoo.com
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