Tele2 completes the divestment of Tele2 France to Virgin Mobile - Tele2

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Dec 14, 2009 1:52 PM CET

Tele2 completes the divestment of Tele2 France to Virgin Mobile

Stockholm - Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today announced that it has completed the divestment of Tele2 France to Virgin Mobile for approximately SEK 575 million in cash, following clearance from relevant regulatory authorities.

Further information can be obtained from:
Lars Torstensson, Investor Inquiries, Tel: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Tel: +46 704 26 45 45
 
Tele2 is one of Europe's leading telecom operators, always providing the best deal. We have 26 million customers in 10 countries. Tele2 offers mobile services, fixed broadband and telephony, 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 the NASDAQ OMX Stockholm since 1996. In 2008, we had net sales of SEK 38.3 billion and reported an operating profit (EBITDA) of SEK 8.2 billion.

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