TeliaSonera AB (OTC:TLSNF) is a Stockholm, Sweden-based telecommunications company that serves more than 185 million mobile customers in Europe and Central Asia. The company also owns and operates one of the largest and most respected internet backbones in the world, TeliaSonera International Carrier. The company also provides fixed-line services and television services in some areas.
TeliaSonera is primarily a dividend, and not a growth, play. In the company's third-quarter (its most recently reported), net sales in local currencies were unchanged from the prior-year quarter. Over the nine month period lasting from January-September 2012, net sales showed a slight increase over the prior-year period when measured in local currencies or the reported currency (the Swedish krona). The company's net...
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