STOCKHOLM, Sweden, Aug. 13, 2004 (PRIMEZONE) -- Tele2 AB ("Tele2"), (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen: TEL2A and TEL2B) the leading alternative pan-European telecommunications company, today announced that, based on agreed marketing activities for the third quarter of 2004, the estimated intake for the quarter will range between 1 and 1.5 million net new subscribers. Overall, Tele2 will maintain a high level of activity in marketing, but has decided to reduce emphasis on dial-up Internet during this quarter.
Tele2 is Europe's leading and profitable 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 close to 25 million customers in 24 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. The share has also been listed on Nasdaq since 1997. In 2003 we had net sales of SEK 36,911 million and reported a profit of SEK 5,710 million (EBITDA).
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