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TeliaSonera AB is the dominant telephone company and
mobile network operator in Sweden and Finland. The company has operations in
other countries in Northern, Eastern Europe, Central Asia and Spain, with a
total of 150 million mobile customers (2010). It is headquartered in Stockholm
and its stocks are traded on the Stockholm Stock Exchange and on the Helsinki
Stock Exchange.
History
TeliaSonera is the result of a 2002 merger between
the Swedish and Finnish telecommunications companies, Telia and Sonera. This
merger followed shortly after Telia's failed merger with Norwegian
telecommunications company Telenor, now its chief competitor in the Nordic
countries. Telia has a history as a state telephone monopoly,
before privatization. Sonera on the other hand used to have monopoly only on
trunk network calls, while most (c. 75%) of local telecommunication was
provided by telephone cooperatives. The separate brand names Telia and Sonera
have continued to be used in the Swedish and Finnish markets respectively. Of
the shares, 37% are owned by the Swedish government, 13.2% by the Finnish
government, and the rest by institutions, companies, and private investors
worldwide.
The Swedish Kungl. Telegrafverket (literally: Royal
Telegraph Agency) was founded in 1853, when the first electric telegraph line
was established between Stockholm and Uppsala. Sweden was one of few countries
where the Bell System never got a strong hold, because Bell's invention was not
patented in Sweden and a Swedish private competitor, Allmänna Telefon, was thus
able to find an independent equipment supplier in Lars Magnus Ericsson. In this
early competition, Telegrafverket with its brand Rikstelefon was a latecomer.
However, by securing a national monopoly on long distance telephone lines, it
was able with time to control and take over the local networks of quickly
growing private telephone companies.
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