Tele2 Gets Clearance From Spanish Competition Authorities for the Acquisition of Comunitel


STOCKHOLM, Sweden, Sept. 19, 2005 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that the Spanish anti-trust authorities have approved the acquisition of Comunitel by Tele2.

Tele2 is pleased with this announcement and expects to close the acquisition, announced on July 14, by October 1, 2005.

Visit us at our homepage: http://www.Tele2.com

Tele2 is Europe's leading alternative telecom operator. Tele2 always strives to offer the market's best prices. With our unique values, we provide cheap and simple telecom for all Europeans every day. We have 29.4 million customers in 25 countries. We offer products and services in fixed and mobile telephony, Internet access, data networks, cable TV and content services. Our main competitors are the former government monopolies. Tele2 was founded in 1993 by Jan Stenbeck and has been listed on Stockholmsborsen since 1996. In 2004 we had operating revenue of SEK 43 billion and reported a profit (EBITDA) of SEK 6.6 billion.

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