Tele2’s 4G/LTE-network will cover 90 percent of the population in the Baltics by the end of 2015

London – Tele2 AB, (Tele2), (NASDAQ Stockholm: TEL2 A and TEL2 B) today announce
its plans to provide 90 percent of the population with 4G/LTE network coverage
in the Baltic States – Lithuania, Latvia and Estonia – by the end of 2015.
During 2014, Tele2 finalized its network modernization in the Baltic region and
invested a total of EUR 50 million in attaining the objective of the project –
create the most up-to-date mobile network in the Baltic countries. It was one of
the most significant investment projects in the Baltic region’s mobile
communication industry. Tele2 has also secured the full spectrum portfolio
necessary for LTE development – 800, 900, 1800, and 2100 MHz in all the states,
together with 450 and 2300 MHz in Estonia, and 2600 MHz in Latvia and Lithuania.
This will enable Tele2 to reach its goal to cover 90 percent of the Baltic
population by the end of 2015.

Niklas Sonkin, Executive Vice President Central Europe and Eurasia comments:
“The Baltic region together with Sweden, are our next areas of growth for 4G/LTE
services. The demand for mobile data in the Baltic region is tremendous and
Tele2’s revenue from data services demonstrates rapid growth”.

In 2014, the share of data revenue reached 24 percent of all service revenue in
Estonia, 22 percent in Latvia, and 12 percent in Lithuania. An acceleration in
data usage is expected in the near future, as prices for data services and smart
gadgets becomes more affordable.

For more information, please contact:
Lars Torstensson, EVP Corporate Communication and Strategy, Tele2 AB, Phone: +46
702 73 48 79.

TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS PROVIDING
CUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 14 million customers in 9
countries. Tele2 offers mobile services, fixed broadband and telephony, data
network services 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 2013, we had net sales of SEK 30 billion and
reported an operating profit (EBITDA) of SEK 6 billion.

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