Yoigo reaches 4 million subscribers in Spain

TeliaSonera’s subsidiary Yoigo, the Spanish mobile challenger and the fourth largest mobile network operator in the Spanish market, today announced at a press conference at the Mobile World Congress in Barcelona that it has reached 4 million subscribers.

Yoigo was launched in December 2006 and became cash flow positive in 2012. At year end 2013 Yoigo reached 3.889.000 subscribers, a 5 percent increase on year end 2012. In a challenging economic climate Yoigo also surpassed the thousand million euro sales mark, billing 1.095 million euros, an increase of 12 percent compared to 2012.

In April 2013 TeliaSonera announced that it would continue to develop the company. "Yoigo has challenged the large players in the Spanish market and has established its brand well. It has great potential for further development," says Johan Dennelind, president and CEO of TeliaSonera.

For more information, please contact the TeliaSonera press office 46 771 77 58 30, press@teliasonera.com, visit our Newsroom or follow us on Twitter @TLSN_Media.

TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also the leading European wholesale provider with a wholly-owned international carrier network. In 2013, net sales amounted to SEK 101.7 billion, EBITDA to SEK 35.6 billion and earnings per share to SEK 3.46. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com.