Significant events in 2008
Asia Holding
On October 1, 2008, TeliaSonera acquired 51 percent of the shares and votes in TeliaSonera Asia Holding B.V. (Asia Holding), which owns controlling interests in the two mobile operators Spice Nepal Pvt. Ltd. in Nepal (80 percent) and Applifone Co. Ltd. in Cambodia (100 percent).
Other acquisitions
In 2008 and in order to strengthen its market position, TeliaSonera also acquired all outstanding shares in the retail chain ComHouse AS in Norway (previously an associated company), further the Swedish systems integrator Avansys AB and its subsidiaries (100 percent), the dunning company UAB Creditcollect (now UAB Sergel) in Lithuania (100 percent) and the Estonian IT training company IT Koolituskeskuse OÜ, including its subsidiaries in Estonia, Latvia and Lithuania (83 percent).
For additional information, see Note 34 “Business Combinations, etc.”