TeliaSonera Contests Elisa Claim
Published on: 10th Feb 2005
Note -- this news article is more than a year old.
STOCKHOLM (Dow Jones) Nordic telecommunications operator TeliaSonera AB (TLSN.SK) Friday said its unit in Finland is contesting a claim filed by Elisa Oyj (ELI1V.HE) for restitution and damages with the Helsinki District Court concerning mobile communications interconnection fees.
TeliaSonera said the lump-sum amount of the claim adds up to about EUR300 million of which the restitution claim represents EUR116.3 million.
Elisa requires that TeliaSonera Finland refund the interconnection fees that TeliaSonera Finland, during the period of Jan. 1, 1997 and Aug. 31, 2001, has charged, according to Elisa's allegation, applying overpricing of mobile networks contrary to law.
TeliaSonera Finland finds Elisa's claim without any substance and said that the companies have had, during the time in question, a valid mutual commercial agreement on interconnection pricing concerning their mobile networks, which both parties have complied with.
On Sept. 16, 2004 the Supreme Administrative Court of Finland confirmed the decision made by the Finnish Communications Regulatory Authority in 2001 concerning the calculation grounds of TeliaSonera Finland's mobile communication s interconnection pricing.
In TeliaSonera Finland's opinion, all disputes relating to the interconnection prices and agreements between the parties should be settled through arbitration proceedings, instead of the court system.
The Arbitration Institute of the Central Chamber of Commerce of Finland has now informed Elisa of TeliaSonera Finland's request to initiate arbitration proceedings concerning the mobile network interconnection agreements between the parties.
In its claims to the Arbitral Tribunal, TeliaSonera Finland said it requests the tribunal to confirm that TeliaSonera Finland hasn't charged Elisa interconnection fees that are contrary to law or the interconnection agreements.
(END) Dow Jones Newswires "