TietoEnator to take over part of TeliaSonera Finland's system and software development

TietoEnator Corporation Stock Exchange Release 18 March 2005

TietoEnator Oyj and TeliaSonera Finland have agreed that part of the software development activities for the OSS systems and service production of TeliaSonera Finland and Sonera Mobile Networks will be transferred to TietoEnator. At the same time, 101 individuals working in software and system development and maintenance will be transferred to TietoEnator's employ.

As a result of this partnership agreement, the responsibility for the technical solutions and design services associated with TeliaSonera Finland's network and service management and intelligent network applications is transferred to TietoEnator. Software development is related to both TeliaSonera's internal production and support systems as well as the software components for the services provided to customers. The intelligent network services are related to customer offerings for the corporate, consumer and operator segments.

The three-year partnership agreement is scheduled to take effect on 1 April 2005. TietoEnator expects the agreement to have at the minimum a 23 million eur impact on the company's net sales during the three-year agreement period.

"Thanks to the partnership agreement, the developing, testing and maintaining of the IT systems associated with TeliaSonera's services will be more effective. We selected TietoEnator as our partner due to the company's expertise and its main focus of operations being perfectly in line with our requirements. TietoEnator has a good reputation as an employer, and we have a long history of working together," says Janne Yli-Äyhö, who is manager of the Products and Services business unit at TeliaSonera Finland.

"TietoEnator's strategy is based on partnerships with key customers. Having TeliaSonera as our key customer is an important growth driver for us. The agreement strengthens TietoEnator's position as the leading supplier of IT services and application outsourcing services in Northern Europe," says Ari Vanhanen, President of Telecom & Media Business Area at TietoEnator.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development