Tele2 AB :Tele2 wins mobile license in 2.6 GHz auction in Latvia


Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B),
announced today that Tele2 has been awarded a mobile license in Latvia of 2 x
20 MHz in the 2.6 GHz frequency band for approximately SEK 9 million.

This frequency is specifically suited for next generation mobile broadband (LTE)
and  Tele2 Latvia considers the license an important step to further develop its
mobile  operations. The frequency  will become available  as from 2014 and Tele2
Latvia will have rights to use it for the next 15 years.

The  awarded license  makes it  possible for  Tele2 Latvia  to continue offering
price  leading  and  innovative  products  both  for  residential  and  business
customers.
Contacts

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45


TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST
DEAL. We have 34 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.

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