Our financing and financial risks are managed under the control and supervision of our Board of Directors. Treasury management is centralized within the TeliaSonera Corporate Finance & Treasury unit of TeliaSonera AB. We generally seek to arrange our financing through our parent company TeliaSonera AB.
Our policy is to have a strong liquidity position in terms of available cash and/or unutilized committed credit facilities.
We finance our operation chiefly by borrowing under our uncommitted open-market financing programs directly in Sweden and in the international money markets and capital markets.