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TeliaSonera 

“Market Cap $32.92 B As of May 2014

At a Glance
  • Industry: Telecommunications services
  • Founded: 1966
  • Country: Sweden
  • CEO: Johan Dennelind
  • Website: www.teliasonera.com
  • Employees: 26,013
  • Sales: $15.61 B
  • Headquarters: Stockholm
Forbes Lists

#316 Global 2000

  • #605 in Sales
  • #287 in Profit
  • #605 in Assets
  • #323 in Market value
Profile

TeliaSonera AB engages in the providing of network access and telecommunication services, which including mobile, internet, local and long distance services. The company operates its business through four segments: Mobility Services, Broadband Services, Eurasia and Other. The Mobility Services segment provides mobility services to the consumer and enterprise mass markets, which include mobile voice and data, mobile content, WLAN hotspots, mobile broadband, mobile/PC convergence and wireless office. The Broadband Services segment activities include mass-market services for connecting homes and offices. Services include broadband over copper, fiber and cable, IPTV, voice over internet, home communications services, IP-VPN/Business internet, leased lines and traditional telephony. The Eurasia segment comprises mobile operations in Kazakhstan, Azerbaijan, Uzbekistan, Tajikistan, Georgia, Moldova and Nepal. The Other segment comprises other business services, TeliaSonera Holding and corporate functions. The company was founded on December 9, 2002 and is headquartered in Stockholm, Sweden.

“TeliaSonera History

The history of TeliaSonera is about a young company with long traditions. It’s a history of a company providing the customers and the society with the best services and newest technology. Let us share this fascinating history with you!

Building the company

When TeliaSonera was founded, it was the first time two previous incumbents in two EU countries merged. Historically however, the companies had already worked together on a number of different projects and complemented each other in various ways. TeliaSonera is the fifth largest telecom operator in Europe today and continues building on its pioneering spirit and high technology expertise within both fixed and mobile communications inherited from its predecessors.

Pioneering the future

The Nordic region became the Mecca of the mobile world and had the densest mobile usage in the world. Sweden and Finland set the tone for this work with their expertise and have continued in their pioneering role. But the pioneering spirit was not restricted to mobile technology alone. Televerket was in the international front line in bringing fibre cables into commercial operation. International carrier operations were started to support large international corporate customers, an area where TeliaSonera is still the leading company in Europe and one of the most prominent in the world. Stereo radio transmissions and early activities related to the development of the Internet are also on the list of accomplishments.

Entering new markets

Nordic telecom know-how was indisputable and world renowned far beyond the Nordic national borders. This meant that many countries approached the Nordic companies for assistance when they wanted to open their market to mobile telephony. Sonera, with its eastward links, was able to create successful partnerships and stakes in mobile companies in many Eurasian countries long before the merger. In the Baltic countries, Telia and Sonera joined forces to build both fixed and mobile networks. They were on the scene even before the collapse of the former Soviet Union at the start of the 1990s. Telia also acquired experience of operating mobile companies abroad in the late 1990s, in Asia, Africa, Latin America and Europe.”

*Information from Forbes.com and Teliasonera.com

**Video published on YouTube by “teliasonerahistory