TeliaSonera comments on an open letter to the Board. An open letter addressed to the TeliaSonera Board has been published by an unnamed US based fund in which it claims to be short in the TeliaSonera stock. The fund directs serious criticism towards the company. TeliaSonera does not recognize the conclusions and makes the following statements Wednesday:
No American Claims
As previously reported TeliaSonera fully cooperates with ongoing investigations in Sweden, the Netherlands and the United States. TeliaSonera is as open and transparent as possible with respect to listing requirements and the investigations. TeliaSonera has of today not received any claims from US authorities. It is only if and when any claims materializes that it is possible to make any provisions in the financial statements. TeliaSonera’s financial statements are in accordance with International Financial Reporting Standards (IFRS) audited by Deloitte in accordance with International Auditing Standards
Risk and Uncertainty
TeliaSonera and IAS have received unmodified audit opinions 2014. TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication 2.15 p.m. CET on October 15, 2015, writes TeliaSonera.Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events andm depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera, writes the Swedish Company in a Press Release.
