REG-TeliaSonera AB Telia Company: Telia Company’s Divestment of Yoigo in Spain is Completed <Origin Href="QuoteRef">TELIA.ST</Origin>

Telia ABAnnouncement

06/10/2016 09:20

      Telia Company: Telia Companys Divestment of Yoigo in Spain is Completed    
    
      TeliaSonera AB (OSE:TEL) (STO:TELIA) (HEX:TELIA1) (LSE:TEE) (Nasdaq:TLSN)    
      Telia Companys divestment of its 76.6 percent holding in the Spanish       operator Yoigo that was announced on June 21, is now completed. The deal       has been approved by all relevant authorities and the buyer is Masmovil,       a mobile operator in Spain.    
      The transaction was completed on an enterprise value for Yoigo of EUR       625 million, of which Telia Companys 76.6 percent share corresponds to       EUR 479 million. The divestment is estimated to generate a capital gain       of more than SEK 4 billion and, following debt adjustments, to reduce       net debt for Telia Company by approximately SEK 6 billion.    
      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 Telia Company.    
      Were Telia Company, the New Generation Telco. Our 21,000 talented       colleagues serve millions of customers every day in one of the worlds       most connected regions. With a strong connectivity base, were the hub       in the digital ecosystem, empowering people, companies and societies to       stay in touch with everything that matters 24/7/365 - on their terms.       Headquartered in Stockholm, the heart of innovation and technology,       were set to change the industry and bring the world even closer for our       customers. Read more at http://www.teliacompany.com/.    
      This information was brought to you by Cision http://news.cision.com    
      Telia Company
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View source version on businesswire.com: http://www.businesswire.com/news/home/20161006005488/en/
      TeliaSonera AB