Tele2 signs MVNO agreement in Austria
New York, Stockholm and Vienna - August 15 2002 - Tele2 AB ("Tele2",
"the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen:
TEL2A and TEL2B), the leading alternative pan-European
telecommunications company, today announced that it has signed a Mobile
Virtual Network Operator (MVNO) agreement in Austria.
The agreement, signed with Connect Austria, which operates the brand
"One", allows Tele2 to use Connect's wireless network to provide the air
interface for its future mobile customers.
Tele2 is Austria's largest alternative telephony operator with
residential and business fixed telephony customers.
Lars-Johan Jarnheimer, President and CEO of Tele2 AB said: "This MVNO
will enable Tele2 to offer an attractively priced package of fixed and
mobile services to our customers. This agreement adds to our MVNOs in
Denmark, the Netherlands and Germany and we intend to look for similar
arrangements in order to leverage from the strength of our base of 16
million customers across Europe."
Tele2 AB, formed in 1993, is the leading alternative pan-European
telecommunications company offering fixed and mobile telephony, data
network and Internet services under the brands Tele2, Tango and Comviq
to 16.1 million people in 21 countries. Tele2 operates Datametrix, which
specializes in systems integration, 3C Communications, operating public
pay telephones and public Internet services; Transac, providing billing
and transaction processing service; C³, offering co-branded pre-paid
calling cards and Optimal Telecom, the price-guaranteed residential
router device. The Group offers cable television services under the
Kabelvision brand name and together with MTG, owns the Internet portal
Everyday.com. The Company is listed on the Stockholmsbörsen, under TEL2A
and TEL2B, and on the Nasdaq Stock Market under TLTOA and TLTOB.
Lars-Johan Jarnheimer Telephone: + 46 8 562 640 00
President and CEO, Tele2 AB
Andrew Best, Investor Relations, London Telephone: +44 7321 5010
Visit our web site at www.tele2.com
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