Interim report january - june 1999

INTERIM REPORT January-June 1999 *SALES ROSE MORE THAN 8%, WHILE MOBILE AND FIXED SERVICES CONTINUED EXPANDING VOLUMES. *INTERNET SERVICE ACCOUNTED FOR 38% OF LOCAL TRAFFIC IN THE FIXED NETWORK, 16 PERCENTAGE POINTS MORE THAN IN THE FIRST HALF OF 1998. *SWEDISH OPERATIONS SIGNIFICANTLY IMPROVED EARNINGS DESPITE SIZABLE PRICE CUTS. *AU-SYSTEM WAS DIVESTED FOR A CAPITAL GAIN EXCEEDING MSEK 400. *THE MERGER WITH TELENOR WAS APPROVED BY BOTH COUNTRIES' PARLIAMENTS. THE EUROPEAN COMMISSION IS NOW EVALUATING THE MERGER, AND A DECISION IS EXPECTED IN OCTOBER. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/26/19990826BIT00520/bit0001.doc http://www.bit.se/bitonline/1999/08/26/19990826BIT00520/bit0002.pdf