Wall Street Journal_TeliaSonera to Sell iPhone In Nordic, Baltic States (May 27)
27.05.2008
By ADAM EWING
May 27, 2008 8:46 a.m.
STOCKHOLM -- Telecom operator TeliaSonera Tuesday said it has signed an agreement with Apple Inc. to bring the iPhone to the Nordic and Baltic markets.
The Stockholm-based operator said it would bring the handset to Sweden, Norway, Denmark, Finland, Lithuania, Latvia and Estonia later this year.
The company didn't comment on whether the phone will be the expected 3G, third generation, model, or on any other specifics of the deal.
Apple Europe spokesman Alan Hely declined to give further detail on the agreement, saying Apple has signed several deals in the past few weeks to expand the reach of the popular handset.
The company said it has sold 5.4 million units since its first launch in the U.S. last June. Mr. Hely said Apple expects to sell 10 million units in 2008. "We're excited to be working with TeliaSonera to bring the iPhone ... later this year, and we can't wait to get this revolutionary phone in the hands of even more people around the world," said Mr. Hely.
"It's certainly positive for them to have it, but it's hard to say much more since we don't know the terms of the deal," said ABG Sundal Collier analyst Jesper Wilgodt. He reiterated his "hold" rating.
Write to Adam Ewing at adam.ewing@dowjones.com
http://online.wsj.com/article/SB121187177340722175.html
 
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