Tele2 Sweden acquires remaining 50 percent of Spring Mobil
(Thomson Reuters ONE) -
Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today
announced that it has acquired the remaining 50 percent of Spring Mobil from
Swefour AB for approximately SEK 100 million on a cash and debt free basis.
Spring Mobil operates on the Swedish Business market with so-called One Phone
solutions. Completion is conditional upon approval by the Competition authority.
Niclas Palmstierna, CEO Tele2 Sweden commented: Spring Mobil complements Tele2's
existing product portfolio and will improve our position in the corporate
market. As a wholly owned subsidiary, we can fully benefit from the synergies
that exist between Tele2 and Spring Mobil and the transaction will contribute
positively to the company's growth opportunities.
After the acquisition Tele2 will own 100 percent of Spring Mobil. In 2009 Spring
Mobil had net sales of approximately SEK 206 million.
Contacts
Niclas Palmstierna, CEO Tele2 Sweden: +46 856 26 40 00
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 28 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 2009, we had net sales of SEK 39.5 billion and reported an operating
profit (EBITDA) of SEK 9.4 billion.
[HUG#1419562]
Press release: http://hugin.info/133413/R/1419562/369580.pdf
Datum: 28.05.2010 - 08:03 Uhr
Sprache: Deutsch
News-ID 21618
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Kategorie:
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