1. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 1

2. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 2 Kenneth Karlberg President, Telia Mobile Senior Executive Vice President, Telia AB

3. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 3 Is Europe still in the wireless lead?

4. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 4 The Swedish example Openness Simplicity Trust

5. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 5 Telia Mobile Number of customers, owner-share and growth July-Sept. 2002 Norway 1 022 000 1 +26 000 Sweden 3 540 000 2 +56 000 Denmark 449 000 +36 000 Omnitel (27,5%) 759 300** +79 900 Lithuania Latvijas Mobilais Telefons (24,5%) 441 100** +27 700 Latvia Estonia Eesti Mobiiltelefon (24,5%) 413 700** +7 900 Finland 247 000 +12 000 Russia MegaFon (17,8%) 2 300 000** +620 000 Subscribers, Nordic region 5 258 000 +130 000 Subscribers, Nordic region 5 258 000 +130 000 Subscribers, Baltic/Russia 3 914 100 +735 500 Subscribers, Baltic/Russia 3 914 100 +735 500 ** Total number of subscribers Total Nordic 3, Baltics and Russia, 6 259 000 (proportionate number of customers)

6. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 6 Unmatched Nordic and Baltic fixed footprint 1) Residential 2) Equivalent standard lines 3) Excluding Internet broadband in ComHem Sweden Telia:100% Fixed network access lines 2) :6,510,000 Internet broadband 3) :267,000 Internet (dial-up):722,000 Denmark Telia:100% Fixed network access lines 2) : 256,000 Internet broadband: 70,000 Internet (dial-up):94,000 CATV:186,000 Finland Sonera:100% Fixed network access lines 2) : 736,000 Internet broadband 1): 28,000 Internet (dial-up):253,000 CATV:150,000 Estonia Eesti Telefon Sonera: 24.5%, Telia: 24.5% Fixed network access lines 2) : 472,000 Latvia Lattelekom Sonera:49% Fixed network access lines 2) : 701,000 Lithuania Lietuvos Telekomas Sonera: 30%, Telia: 30% Fixed network access lines 2) : 1,075,000

7. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 7 #2 #1 #4 #1 Unmatched Nordic and Baltic mobile footprint Finland (penetration 77%) Sonera:100% Subs. June 30, 2002:2,484,000 Market share:61% Norway (penetration 75%) NetCom Telia: 100% Subscibers June 30, 2002: 996,000 Market share:32% Denmark (penetration 68%) Telia:100% Subscibers June 30, 2002: 413,000 Market share:8% Sweden (penetration 80%) Telia:100% Subscibers June 30, 2002: 3,484,000 Market share:49% Latvia (penetration 26%) LMT Sonera: 35.8% 1), Telia: 24.5% Subs. June 30, 2002:413,000 Market share:58% Estonia (penetration 52%) EMT Sonera: 24.5%, Telia 24.5% Subs. June 30, 2002:406,000 Market share:54% Lithuania (penetration 27%) Omnitel Sonera: 27.5%,Telia: 27.5% Subs. June 30, 2002:679,000 Market share:58% 1) Direct ownership 24.5% and indirect through Lattelekom 11.3% Note: Penetration rate as of December 31, 2001 and market shares based on subscribers as of December 31, 2001.

8. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 8 Openness

9. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 9 Simplicity

10. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 10 Trust

11. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 11 Europe in the lead up to now More than one technology Free market competition Let services rule

12. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 12 No driver on a regulated market

13. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 13 Fears for the future Regulations – too local Closed interfaces Technology focus

14. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 14 Not so customer-friendly trends Locked-in customer One-network services Roaming just in your own network

15. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 15 Content Distributor Network operator Network operator Full-fledged mobile operator Full-fledged mobile operator Customer Service Provision Service Provision Content Service Provision Service Provision Service Provision Service Provision Content A new business logic Customer

16. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 16 Keys for the future Openness Simplicity Trust

17. Kenneth Karlberg "Does Europe still have the wireless lead" 2002-11-21 17