COMMENTS ON RULING BY SWEDISH ADMINISTRATIVE COURT OF APPEALS REGARDING INTERCONNECT DISPUTES BETWEEN 2000 - 2004

Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B), Europe's leading alternative telecoms operator, today announced that the company the 8th of February received, by a non-unanimous Swedish Administrative Court of Appeal, the verdicts regarding interconnect case regarding 2000-2004 with a negative outcome for Tele2. In the Swedish County Administrative Court the verdicts was to the benefit of Tele2. Tele2 is now evaluating the verdicts and is considering seeking leave to appeal in the Supreme Administrative Court, among other things based on the outcome of the earlier verdicts and that the Swedish Administrative Court was non-unanimous.
 
The maximum financial impact can be slightly less than SEK -200 million on net income assuming the outstanding interconnect disputes are interpreted in accordance with today's result. Tele2's standpoint in this matter will be announced in March.
 
 
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Lars-Johan Jarnheimer                    Telephone:            +46 8 5626 4000
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Lars Torstensson                               Telephone:            + 46 702 73 48 79
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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 31 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. Tele2 has been listed on Stockholmsbörsen since 1996. In 2005 we had operating revenue of SEK 50 billion and reported a profit (EBITDA) of SEK 6.6 billion.

About Us

TELE2’S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE CONNECTED LIFE. We believe the connected life is a better life, and so our aim is to make connectivity increasingly accessible to our customers, no matter where or when they need it. 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 offers mobile services, fixed broadband and telephony, data network services, content services and global IoT solutions. Every day our 17 million customers across 9 countries enjoy a fast and wireless experience through our award winning networks. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2016, Tele2 had net sales of SEK 28 billion and reported an operating profit (EBITDA) of SEK 5.3 billion. For definitions of measures, please see the last pages of the Annual Report 2016. Follow @Tele2group on Twitter for the latest updates.

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