Monthly Archives: January 2010

Scandal Telia, the price collapses

Two months to illustrate the Swedes who buy shares of Telia, the telephone company controlled by the state, it was quite a bargain, that Morgan Stanley, advisor IPA, the day after the IPO, down sharply his price target on the stock. Telia was quoted at a price of 85 crowns, the same who now advises Morgan Stanley, which previously had set the right price for the company to 92.5 kroner. The home business, despite lowering the price target, maintained its outperform opinion of, as analysts said the “core group biusiness remains valid.”

The company posted a sharp drop at the news the stock market losing 19% of its value yesterday, the group had also published the results on the second quarter, which recorded a decrease in the net profits of 72%.

No surprise, Telia’s LTE not as fast as promised

There is always a yawning gap between the peak or theoretical data rates promised for new wireless technologies, and their real world performance. The latest operator to suffer a PR problem because of this is TeliaSonera, whose LTE network in Stockholm, the first commercial LTE system in the world, is delivering only 12Mbps.

This falls well short of the firm’s marketing promises of “up to 50Mbps”, points out research firm Northstream, which conducted the tests. Northstream used a Samsung modem to test the Ericsson network, which runs in 2.6GHz. Upload speeds averaged 5Mbps.

At TeliaSonera’s launch event, download speeds of over 40Mbps were demonstrated, but of course a marketing demo was likely to use the optimal position of devices to base stations. Stating the obvious, Northstream CEO Bengt Nordström said: “It seems like the capacity drops off fast as the distance from a base station increases.”

Of course, most 3G networks do not deliver even 1Mbps consistently, and so 12Mbps may be very welcome to heavy duty users. Indeed, the main issues raised by such arguments over real versus peak speeds concern how operators communicate with their customers, rather than actual technical performance. Some carriers such as Clearwire have taken the high ground by advertising average rather than peak data rates for their networks, while European cellcos, in particular, have come under mounting pressure from regulators and advertising standards bodies to stop misleading consumers by implying that maximum data rates are the norm.

This is not the first time that Telia’s Stockholm network has come under fire. At the end of last year, Huawei claimed that the network it has supplied to Telia, in Norwegian capital Oslo, had reached peak download speeds of 96Mbps, compared to 44Mbps on the Ericsson system in Sweden. However, the Oslo network uses 20MHz of spectrum – the channel size usually assumed when LTE performance statistics are quoted, but in reality rarely available to cellcos. By contrast, the Stockholm build-out has only the more common 10MHz. The controversy over Telia’s data rates will revive debate over whether effective 4G deployments really do need wide channels.

Tele2 Sweden entered into settlement agreement with TeliaSonera concerning interconnect

Tele2 AB, announced today that Tele2 Sweden AB hasentered into a settlement agreement with TeliaSonera AB in respect of a dispute concerning interconnection for some period prior to December 31, 2003. The settlement means that TeliaSonera AB will pay approximately SEK 340 million to Tele2 Sweden AB.

The settlement concerning interconnect will have a positive effect of approximately SEK 50 million on the net financial items in Q4 2009.

You Think Your Email Is Private? Think Again

Swedish authorities have had access to nearly all international emails and phone calls in Finland since December 2009.

In 2008, the Swedish parliament passed legislation giving intelligence officials at the National Defence Radio Establishment (FRA) the right to view all telecommunications that pass its borders – even if the final recipient does not live in Sweden.

Practically all of Finland’s foreign telecommunications travel through Sweden. That means most international phone calls and emails sent abroad are now subject to prying eyes and ears.

The controversial legislation sparked outrage across Sweden, as well as concern in Finland, when it was passed. However lawmakers insisted they were acting in the interest of national security.

What are Swedish authorities homing in on? For security reasons, FRA says it can’t divulge its methods.

“Exactly what we are looking at is strictly confidential. But I can tell you that purely private communications without any relevance to the issues which we are to follow are not being monitored,” says Anni Bölenius, a spokesperson at FRA.

The agency adds that it can only monitor certain international issues related to national security or defence.

“Of the traffic that we do have access to, only a very small part is being analysed by FRA. Most of it is thrown away as it does not match our criteria,” she says.

Meanwhile domestic traffic sent within Sweden is exempt from monitoring under Swedish law.

The Price of Privacy

In Finland, the law guarantees the confidentiality of electronic communications. However Finland has no jurisdiction once messages cross its own borders.

“Privacy protection is very important in Finland. But there are different laws in different countries, and we cannot say what they can or cannot do,” says Mari Herranen, a ministerial adviser in the communications networks unit at Finland’s Ministry of Transport and Communications.

Although Finland says it’s committed to safeguarding citizens’ privacy, many of the country’s servers are actually located across the gulf in Sweden.

Erka Koivunen, who heads the Finnish National Computer Emergency Response Team CERT-FI, says server networks were built in Sweden out of convenience.

“Historically, I guess that was the easier and most economical way to build communications networks. Only recently have there been discussions on whether we should have alternative routes,” he says.

Koivunen says if Finland wants alternative networks, it has to be willing to pay. But he adds preventing someone from gathering this type of intelligence is no reason to dish out an exorbitant amount of cash.

Nevertheless government is developing an information security plan, the National Information Security Strategy, to try to ensure safety and privacy in the information world. One of its goals is to turn Finland into a global information security leader by the year 2015.

Some action has already been taken to protect citizens’ privacy. For example, domestic email traffic from Nordic telecommunications operator TeliaSonera used to travel to Sweden before looping back to Finland. The company has since moved its servers from Sweden to Finland to help ensure customers’ privacy.

“We are very pleased that this happened. Their internal traffic is not going to Sweden anymore,” says Herranen.

Confidentiality Hard to Come by

Experts warn that Finnish customers may have a false sense of security when using a seemingly domestic service that actually crosses Finland’s borders. Although telecommunications companies are legally obligated to clarify their service terms to customers, Finnish residents can do more to ensure their privacy.

For example, officials recommend that email users encrypt their messages. The Finnish Communications Regulatory Authority offers some instructions in English on how to do so.

“But that is easier said than done. It is not that common place for people to have sophisticated enough software,” says Koivunen.

He adds that everyday users should follow the lead of governments and businesses which avoid public networks or limit sending sensitive material.

“Everyone should be aware that when using public networks, there might be people, authorities or criminals who could get access to information that is sent over the wire.”

Nominations to the Board of Directors in TeliaSonera

The Nomination Committee of TeliaSonera proposes Anders Narvinger, Ingrid Jonasson Blank and Per-Arne Sandström as new members of the Board. Maija-Liisa Friman, Conny Karlsson, Timo Peltola, Lars Renström and Jon Risfelt are proposed to be re-elected. Anders Narvinger is proposed to be elected Chairman of the Board.
The current Chairman of the Board, Tom von Weymarn, has declined to be re-elected. The two Directors Lars G Nordström and Caroline Sundewall have also declined re-election and will leave the Board of Directors at the Annual General Meeting 2010.

The Nomination Committee proposes that the remuneration to the Board of Directors remains unchanged.

The Annual General Meeting of TeliaSonera will be held on April 7, 2010.

The Nomination Committee consists of the following members: Viktoria Aastrup, (Swedish state), Kari Järvinen (Finnish state through Solidium Oy), KG Lindvall (Swedbank Robur funds), Lennart Ribohn (SEB funds) and the Chairman of the Board of Directors Tom von Weymarn.

Presentation of proposed new members of the Board:

Anders Narvinger, born 1948, is CEO of Teknikföretagen, an employment he will leave as of June 30, 2010. Narvinger has previously served as President and CEO of ABB AB and is chairman of the board in Trelleborg AB, Alfa Laval AB and Coor Service Management AB. Narvinger is also a member of the board of Volvo Car Corporation, JM AB and Pernod Ricard SA.

Ingrid Jonasson Blank, born 1962, is Executive Vice President of ICA Sverige AB. Jonasson Blank is also a member of the board in Bilia AB, Forma Publishing Group and the Association of Swedish Advertisers.

Per-Arne Sandström, born 1947, has, among other things, been deputy CEO and Chief Operating Officer of Telefonaktiebolaget L.M. Ericsson. Sandström is chairman of the board of Infocare A/S and a member of the board in SAAB AB, Note AB, Human Care AB, Cellmax AB and Incentive AB.

Anders Igel and Erdal Durukan Elected to Turkcell Board; TeliaSonera Objects to Independent Members Election.

Today, during the General Assembly of Turkcell Iletisim, the Board of directors was elected. The Directors comprise among others Anders Igel, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.
….. Click the link for more information. of TeliaSonera (STO:TLSN TLSN Texas Lone Star Network
TLSN The Lounge Says No (Ars Technica Lounge)
….. Click the link for more information.) (HEX:TLS (1) (Transport Layer Security) A security protocol from the IETF that is based on the Secure Sockets Layer (SSL) 3.0 protocol developed by Netscape. TLS uses digital certificates to authenticate the user as well as authenticate the network (in a wireless
….. Click the link for more information.1V) and Erdal Durukan, President of TeliaSonera in Eurasia and Turkey, as the TeliaSonera representatives.

During the General Assembly TeliaSonera voted for the election of the TeliaSonera and Cukurova nominees but objected to the election of the other three board members basically due to lack of proven independence.

“We persevere that there should be an agreement in the Turkcell Holding Board on the nomination of the entire Board of Turkcell and that two out of the three remaining members should be truly independent according to the US Securities and Exchange Commission’s guidelines. This is the only way to secure good corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. ,” concludes Anders Igel.

TeliaSonera will continue to take all the necessary steps to ensure the application of good corporate governance principles in Turkcell and to protect TeliaSonera’s legal rights.

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 The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries.  and the Helsinki Stock Exchange “HEX” redirects here. For other uses, see HEX (disambiguation).

For the numeral system, Hex, see Hexadecimal
For Wikipedia’s help pages, see .
….. Click the link for more information.. Net sales January-December 2005 amounted to SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.  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.

Власти: “Альфа” должна выбрать между “Билайн&

ФАС выступила против одновременного объединения “Альфой-групп” своих активов в “Вымпелкоме” и “Мегафоне” с Telenor и TeliaSonera соответственно. Осуществление сделки с акциями “Мегафона” “Альфа” уже приостановила.

Regulator looks to delay Alfa merger

The head of Russia’s competition watchdog, Igor Artemyev, has called for Alfa Group to delay plans to merge its holdings in MegaFon and Turkcell with those of Swedish group TeliaSonera, until it has completed a similar deal with Norway’s Telenor, Reuters reports. As reported by CommsUpdate on 5 October 2009, Telenor and Alfa Group agreed to merge Vimpelcom with Ukrainian operator Kyivstar while re-establishing the Russian cellular giant in the Netherlands, hoping to conclude a long-running legal battle. A month later Alfa and TeliaSonera revealed that they had agreed a similar deal concluding further legal disputes. Despite fears that the Russian government would oppose deals that would see major cellcos move abroad and become tax-resident in other countries, the state initially approved the deals. However, news agency Interfax has quoted Artemyev as saying: ‘Carrying out the two deals at the same time is not desirable and even unacceptable. The right position is that the first deal, on Vimpelcom, goes first, and after it is completed we will decide on the second deal.’ As the country’s commission on foreign investment is yet to sign off on the merger plans, Artemyev feels that regulators should assess the impact of one deal on the market before allowing a second to proceed.

Russian regulator to rule against Telenor, TeliaSonera merger plans

Russian competition regulator FAS is set to block a simultaneous tie-up of the Russian operations of mobile operator Vimpelcom (RTD:VIMP) with those of Norway’s Telenor (OSL:TEL), and of Megafon with Swedish TeliaSonera’s (STO:TLSN), FAS director told Russian news agency Interfax on Thursday.

Telenor and Russian financial and industrial conglomerate Alfa Group struck a deal in October 2009 to merge their assets in Vimpelcom and Ukranian peer Kyivstar in a new company to be listed on the New York Stock Exchange (NYSE). Later on, Alfa Group reached a deal with TeliaSonera to merge their stakes in Russian Megafon and Turkey’s Turcell (IST:TCELL) in a company to be also listed on NYSE.

According to FAS director Igor Artemyev, the correct way would have been to first enter a contract for Vimplecom and later the second agreement.

Telenor’s spokesman, Dag Melgaard, told news wire TDN Finans late on Thursday that the mergers were never planned to be carried out simultaneously. TeliaSonera also said when announcing its plans that it would take two years before implementing them.

Melgaard does not see Artemyev’s statement to oppose Telenor and Alfa Group’s plans, but merely saying that the mergers cannot be carried out at the same time.

Cancel Telia subscription

Yes I have done so now. It should surely be picked removed in July, so why should I be and pay a lot of expensive fixed fees unnecessarily. Hardly any caller on it in all cases.

The world’s most stupid man who sat and received the call. Did not even that Telia to terminate subscriptions for 50 000 abonennter. And she is working at Telia!:-(((Although she only worked, as she said, in two weeks. But such an important thing after all, she should know about, of course!!!!

Will certainly several who say their phones. I will also terminate my mobile broadband and my mobile phone subscriptions, when binding time expires. The children will do the same. We will move to three them all.