TELE2 SIGNS AGREEMENT WITH TDC ON ACCESS TO THE SWEDISH MOBILE NETWORK - Tele2

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Mar 27, 2007 8:00 AM CET

TELE2 SIGNS AGREEMENT WITH TDC ON ACCESS TO THE SWEDISH MOBILE NETWORK

Tele2 has signed an MVNO (Mobile Virtual Network Operator) agreement with TDC. This means that, as an MVNO lessee, the Danish operator has gained access to Tele2's GSM and 3G networks in Sweden. It is expected that the agreement will come into effect early in 2008 and have a validity term of five years.

- Competition is good both for consumers and for the growth and development of the industry we work in. Our agreement with TDC means that Swedish users of mobile telephony services are now offered a new alternative to choose from and that Tele2 will make increased profits on their current assets, says Niclas Palmstierna, CEO of Tele2 Sweden.
 
In the past, Tele2 has granted leases for its Swedish mobile network to Spring Mobil, Ventelo and Telenor and it is looking forward to opening up its network to more operators.
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For further information, please contact:
Niclas Palmstierna, CEO, Tele2 Sweden, Tel. +44 8-56 26 40 00 or Tele2 Mediaservice +44 8-56 26 46 26
 
Tele2 is Europe's leading alternative telecom operator. Tele2's mission is to provide cheap and simple telecoms for everyone in Europe. Tele2 always strives to offer the market's best prices. We have 29 million customers in 22 countries. Tele2 offers fixed and mobile telephony, broadband, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on Stockholmsbörsen since 1996. In 2006 we had operating revenue of SEK 50.3 billion and we reported a operating profit (EBITDA) of SEK 5.7 billion.

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