Telia Company: Sonera Has Made an Indicative Offer for Anvia

21 Jun 2016 07:35

TeliaSonera AB (OSE:TEL) (STO:TLSN) (HEX:TLS1V) (LSE:TEE) (Nasdaq:TLSN)

Telia Company’s Finnish arm Sonera has made an indicative cash offer to acquire 100 percent of Anvia, a regional fixed line telecommunications operator in Finland, for EUR 130 million on a cash and debt free basis.

Anvia’s network is located in Western Finland and covers three cities, Vaasa, Seinäjoki and Kokkola, and smaller towns, reaching more than 100,000 households. In 2015 Anvia’s net sales amounted to EUR 63.5 million, EBITDA to EUR 15.2 million and EBITDA margin was 23.9 percent.

“Sonera is highly interested in pursuing the transaction and is ready to commit all necessary resources to carry out the process on an expedited basis”, says Valdur Laid, CEO of Sonera.

Telia Company AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 08:00 on 21 June, 2016.

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.

We’re Telia Company, the New Generation Telco. Our 21,000 talented colleagues serve millions of customers every day in one of the world’s most connected regions. With a strong connectivity base, we’re 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, we’re set to change the industry and bring the world even closer for our customers. Read more at http://www.teliacompany.com/.

Telia Company

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