Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A
and TEL2 B), Europe's leading alternative telecom operator, today
announced that it has received EU approval on the sale of Tele2
French broadband and fixed line operations to SFR. The cash flow
effect for Tele2 will be approximately SEK 3 billion. The transaction
is expected to close on July 20, 2007 and will result in a positive
exchange rate effect of approximately SEK 430 million in Q3 2007.
Tele2 receives EU approval on the sale of Tele2 French broadband and fixed line operations to SFR
| Source: Tele2 AB
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