Press release Tele2 Group May 02 2006, 3:00 PM CET
COMMENTS ON RULING BY DISTRICT COURT
Tele2 AB (publ) today announced that the District Court of Stockholm's ruling regarding interconnect disputes between TeliaSonera and Tele2 will not have any effect on the company's income or cash flow statement. Tele2 insists that in the two companies' interconnect disputes, TeliaSonera is a net payer to Tele2.
The District court of Stockholm today ordered Tele2 to pay TeliaSonera SEK 1,000,586,662 plus interest. The ruling addresses TeliaSonera's claims against Tele2 regarding interconnect charges in TeliaSonera's networks. Tele2's counter claims have not been assessed. In the trial TeliaSonera testified that it has significant outstanding liabilities towards Tele2. Tele2 claims that in the two companies' interconnect disputes, TeliaSonera is a net payer to Tele2. Tele2 is awaiting a ruling confirming this from the Administrative court of appeal. Today's ruling has no impact on Tele2's income statement or cash flow.
Lars-Johan Jarnheimer, Telephone: + 46 8 5626 4000
President and CEO, Tele2 AB
Håkan Zadler, Telephone: +46 8 5626 4000
CFO, Tele2 AB
Dwayne Taylor, Telephone: + 44 20 7321 5038
Lena Krauss, Telephone: + 46 8 5620 0045
Visit our web site at www.tele2.com
Tele2 is Europe's leading alternative telecom operator. Our mission is to offer cheap and simple telecoms. Tele2 always strives to offer the market's best prices. We have over 30 million customers in 23 countries. Tele2 offers products and services in fixed and mobile telephony, broadband and cable TV. Ever since Jan Stenbeck founded Tele2 in 1993, the company has been a tough challenger to the former government monopolies. Tele2 has been listed on the Stockholm Stock Exchange since 1996. In 2005, we reported operating revenue of SEK 50 billion and EBITDA of SEK 6.6 billion.