To Nordic Leaders

TO LEADERS IN FINLAND AND SWEDEN,

TREAT U.S. CITIZENS PROFESSIONALLY AND FAIRLY OR GET OUT OF THE UNITED STATES


We did the right thing. We invested Sonera’s money with the right partners, at the right time and the right price. We quickly added great value for everyone. We trusted you. We worked smart, hard and fast. We carved out gains of $1.5 billion for Sonera in the United States. That is a massive result. That is more income than 14,000 TeliaSonera employees produce in an entire year. Sonera earned 97%, $1.455 billion. We earned 3%, $45 million.

The $45 million, we earned is less than one percent of the $6.0 billion it costs TeliaSonera to produce gains of $1.5 billion. Yet you refuse to pay us the far smaller amount we honestly and fairly earned.

You chose to steal our small stake. Ninety-seven percent of our great success is not enough for you; you want 100%. You stole our small share of a great result. You want all of the benefits of our knowledge and smart, hard work. You do not want to pay a fair U.S price for our services and great results. You want to slip-slide out of long-standing treaties and agreements.

Sonera lost billions on poor decisions and poor investments. Read Where did Sonera’s Money Go. We had no role in any of those decisions. Your side screwed up. That does not justify screwing our side. That does not justify stealing hard-earned financial security, education, medical care and other benefits from our families.

We found ways to add value for all. You look only for ways to serve yourselves. You talk of professional, moral, ethical, and fair treatment. Yet, when money is on the table, you greedily steal from your partners. We protected your interests. You stole ours.

It is hard to admit mistakes. It is hard to clean up a mess. It is hard and risky to support politically unpopular but fair settlements. Yet you must do so if your commitment to professional and fair treatment is more than empty words. You must do so to comply with long-standing treaties and agreements.

We again ask that you respect our team, our families, and all Americans. We ask that you play by long agreed rules. We ask for our families exactly what we gave yours; great respect as well as professional and fair treatment. We ask for full compliance with the form and substance of all relevant treaties and agreements.

We demand the same professional and fair treatment TeliaSonera claims to provide all of its business partners. We fairly earned 3% of a great result. We will accept the same half-a loaf settlement Sonera offered to the leaders of Sonera Zed, Plaza and SmartTrust. Sonera decided that was a fair outcome for its most favored executives. We claim that same most-favored nation treatment. We also claim a full return on our forced investment in TeliaSonera.

If you cannot find a way to treat us professionally and fairly, then please get out of the United States. Take your self-serving Nordic-centric, ways and your goods and services elsewhere. We will help you do so. We will ramp up our boycott of Nordic goods and services to help cut your exports to the United States. We will use social and other media to broadcast our point of view.

Sincerely,
Murray Swanson
Nordic Ethics

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