Tele2 wins license in the 1800 MHz auction in Sweden
(Thomson Reuters ONE) -
Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B), today
announced that Tele2 Sweden has been awarded a mobile license of 2x10 MHz in the
1800 MHz frequency band through the network company Net4Mobility for
approximately SEK 430 million.
The frequencies will be used in the roll out of Sweden's most comprehensive 4G
network primarily as capacity building in urban areas. The 4G network covers
today 2.5 million people, and the ambition is to cover 99% of the Swedish
households by the end of 2012. With 4G Tele2's customers can surf at speeds up
to 80 Mbit/s and the network is being expanded continuously over Sweden".
Thomas Ekman, CEO of Tele2 Sweden, comments: "With the frequencies in the 1800
band, we have an incredible spectrum portfolio that ensures a quality 4G network
and homogeneous coverage. This makes our customers the absolute winners since
Tele2 always unites price leadership with quality".
The purchase price will be financed equally by Tele2 Sweden and Telenor Sweden.
The license is valid for 25 years.
About Net4Mobility
Net4Mobility is an infrastructure joint venture between Tele2 Sweden and Telenor
Sweden. The company's mission is to build and operate a network for the next
generation mobile communications, 4G. The mobile network will cover 99 percent
of the population and allow Tele2 and Telenor to offer its customers mobile
services for data communication (LTE/4G) and voice (GSM). Net4Mobility was
formed in April 2009.
____________________________________________________________________
Further information can be obtained from:
Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Annika Kristersson, Press Inquiries, Tel: +46 704 26 41 28
TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST
DEAL. We have 32 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 2010, we had net sales of SEK 40.2 billion and reported an operating
profit (EBITDA) of SEK 10.3 billion.
Press release:
http://hugin.info/133413/R/1554742/479351.pdf
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Source: Tele2 AB via Thomson Reuters ONE
[HUG#1554742]
Datum: 13.10.2011 - 17:26 Uhr
Sprache: Deutsch
News-ID 76042
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"Tele2 wins license in the 1800 MHz auction in Sweden"
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