Swedish Competition Authority approves Telia and Tele2's 3G network-sharing

date: March 13, 2002

The Swedish Competition Authority announced today that it has approved the 3G network-sharing agreement between the competing mobile operators, Telia and Tele2, in the Swedish market. The Swedish Competition Authority's decision is an exemption, which is valid for five years.

"We are satisfied to have received a final go-ahead for the 3G network-sharing in Sweden," says Kenneth Karlberg, Executive Vice President, Telia AB, and CEO, Telia Mobile AB."Our jointly owned network company, Svenska UMTS-nät AB (Swedish UMTS-Net AB), is proceeding with the build-out of the network according to plan."

Telia and Tele2 will only cooperate on the network infrastructure. The two companieswill continue to compete in the Swedish market to capture future market shares.

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