Telia - 1999 Annual Report Summary
ANNUAL REPORT SUMMARY 1999 - TELIA AB *TELIA ACHIEVED ITS BEST ADJUSTED OPERATING INCOME EVER. *SWEDISH OPERATIONS DELIVERED HEALTHY EARNINGS AND GROWTH DESPITE PRICE CUTS AND THE INTRODUCTION OF CARRIER PRESELECTION. *THE GROWTH SECTORS MOBILE COMMUNICATIONS, INTERNET/ BROADBAND, DATA COMMUNICATIONS, AND INTERNATIONAL CARRIER EXPANDED VIGOROUSLY. *ASSOCIATED COMPANIES INFONET AND EIRCOM FLOATED SUCCESSFULLY. CEO's Comments In 1999, Telia achieved earnings excluding capital gains that were the Group's most outstanding ever. It is particularly encouraging that new growth sectors expanded