Tele2 acquires minority stakes in its Russian mobile operation in
Izhevsk>
Tele2 acquires minority stakes in its Russian mobile operation in Izhevsk
(Thomson Reuters ONE) - Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 Aand TEL2 B), announced today that it has acquired the remaining 25.5percent in the company "Udmurtia Cellular Communication", in theRussian region of IzhevskAfter this acquisition Tele2 will own 100 percent of the company'sshares. Tele2 will pay approximately SEK 300 million, a part of theamount will be paid after 12 months of the completion.Tele2's operation in Izhevsk has been very successful and the companyis the region's leading mobile operator.____________________________________________________________________Further information can be obtained from:Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79Pernilla Oldmark, Press Inquiries, Tel: +46 704 26 45 45Tele2 is one of Europe's leading alternative telecom operators.Tele2's mission is to provide affordable and easy connectivity foreveryone at anytime. Tele2 always strives to offer the market's bestprices. We have 24.5 million customers in 11 countries. Tele2 offersmobile services, fixed broadband and telephony, data networkservices, cable TV and content services. Ever since Jan Stenbeckfounded the company in 1993, it has been a tough challenger to theformer government monopolies and other established providers. Tele2has been listed on the OMX Nordic Exchange since 1996. In 2008, wehad net sales of SEK 39.5 billion and reported an operating profit(EBITDA) of SEK 8.2 billion.http://hugin.info/133413/R/1328335/313148.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 13.07.2009 - 08:35 Uhr
Sprache: Deutsch
News-ID 3470
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