TeliaSonera said it expects its organic sales to be "somewhat higher" in 2010 than the 109.16 billion Swedish krona (14.98 billion US dollars) it generated in 2009. The Stockholm-based telecoms company said that its capital expenditures "will be driven by continued investments in broadband and mobile capacity as well as in network expansion in Eurasia," adding that it expects its capex-to-sales ratio to be "somewhat below 15%" in 2010, compared with 12.8% in 2009.
In the fourth quarter of 2009, TeliaSonera's organic sales fell less than 1% year-on-year to 27.41 billion krona. source: TeliaSonera statement
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