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Press release Tele2 Group Dec 28 2009, 8:00 AM CET

Tele2 Sweden entered into settlement agreement with TeliaSonera concerning interconnect

Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), announced today that Tele2 Sweden AB has entered into a settlement agreement with TeliaSonera AB in respect of a dispute concerning interconnection for some period prior to December 31, 2003. The settlement means that TeliaSonera AB will pay approximately SEK 340 million to Tele2 Sweden AB.

 

The settlement concerning interconnect will have a positive effect of approximately SEK 50 million on the net financial items in Q4 2009.

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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.