New York, Stockholm and Vienna - August 15 2002 - Tele2 AB ("Tele2", "the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced that it has signed a Mobile Virtual Network Operator (MVNO) agreement in Austria.
The agreement, signed with Connect Austria, which operates the brand "One", allows Tele2 to use Connect's wireless network to provide the air interface for its future mobile customers.
Tele2 is Austria's largest alternative telephony operator with residential and business fixed telephony customers.
Lars-Johan Jarnheimer, President and CEO of Tele2 AB said: "This MVNO will enable Tele2 to offer an attractively priced package of fixed and mobile services to our customers. This agreement adds to our MVNOs in Denmark, the Netherlands and Germany and we intend to look for similar arrangements in order to leverage from the strength of our base of 16 million customers across Europe."
Tele2 AB, formed in 1993, is the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services under the brands Tele2, Tango and Comviq to 16.1 million people in 21 countries. Tele2 operates Datametrix, which specializes in systems integration, 3C Communications, operating public pay telephones and public Internet services; Transac, providing billing and transaction processing service; C³, offering co-branded pre-paid calling cards and Optimal Telecom, the price-guaranteed residential router device. The Group offers cable television services under the Kabelvision brand name and together with MTG, owns the Internet portal Everyday.com. The Company is listed on the Stockholmsbörsen, under TEL2A and TEL2B, and on the Nasdaq Stock Market under TLTOA and TLTOB.
CONTACTS: Tele2 AB Lars-Johan Jarnheimer Telephone: + 46 8 562 640 00 President and CEO, Tele2 AB
Andrew Best, Investor Relations, London Telephone: +44 7321 5010
TELE2’S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE CONNECTED LIFE. We constantly strive to be the truly integrated challenger – providing speed, data and video content, no matter where or when. Ever since Tele2 was founded in 1993, we have continued to challenge prevailing norms and dusty monopolies. Today, our award winning networks enable mobile and fixed connectivity, telephony, data network services, TV, streaming and global IoT solutions for millions of customers. We drive growth through customer satisfaction and smart combined offerings. Tele2 has been listed on Nasdaq Stockholm since 1996. In 2018, Tele2 generated revenue of SEK 30 billion and reported an adjusted EBITDA of SEK 9 billion. For latest news and definitions of measures, please see our homepage www.tele2.com