Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) announces the signing of a loan agreement with Nordic Investment Bank (NIB) totalling EUR 74 million for the complementary financing of the Tele2 mobile network expansion in Norway.
The 8-year-maturity loan in the amount of EUR 74 million is raised for the purpose of supporting the expansion of the Tele2 mobile network capacity in Norway and is a further step towards diversification of the funding sources for Tele2
NIB is the common international financial institution of the eight Nordic and Baltic countries. NIB provides long-term financing to the energy, environmental, transport, logistics and communications and innovation sectors for projects that strengthen competitiveness and enhance the environment.
For further information, please contact:
Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45
TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST DEAL. We have 36 million customers in 11 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 2011, we had net sales of SEK 41 billion and reported an operating profit (EBITDA) of SEK 11.2 billion