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Encyclopedia > Telia Sonera

TeliaSonera AB 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 privatised 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.


Ownership

  • Swedish State 45.3%
  • Finnish State 19.1
  • Institutions and companies, Sweden 18.1
  • Institutions and companies, Finland 4.1
  • Individual investors, Sweden 3.8
  • Individual investors, Finland 2.6
  • Shareholders outside Sweden and Finland 7.0

See also

External links

  • TeliaSonera (http://www.teliasonera.com/) - corporate site
    • Telia (http://www.telia.se/) in Sweden
    • Sonera (http://www.sonera.fi/) in Finland
    • TeliaSonera - Ownership Structure (http://www.teliasonera.com/ts/teliasonera/sidtypTS_11.do?tabId=3&channelPage=%2FsidtypTS_11.do&channelId=-1073751997)
  • Yahoo! - TeliaSonera AB Company Profile (http://biz.yahoo.com/ic/44/44746.html)

  Results from FactBites:
 
CNN.com - Sonera confirms merger talks with Telia - Mar. 25, 2002 (228 words)
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.
  More results at FactBites »


 

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