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2016-07-21

Tele2 AB: Interim Report Second Quarter 2016

Stockholm - Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2
B) today announced its consolidated results for the second quarter
2016.

CEO comment:
"Our Value Champion strategy, combined with a relentless focus on
offering the best wireless technologies with a challenger cost
structure, will lead us to sustainable value creation for our
customers, employees and our shareholders."

Financial highlights:

·
Tele2 AB's net sales in the second quarter amounted to SEK 6,668
(6,611) million and EBITDA amounted to SEK 1,087 (1,393) million

·
Group mobile end-user service revenue up 2 percent like for like

· Sweden momentum improving but EBIDTA down
·
Netherlands significantly improved customer intake

·
Baltic region continues to show healthy margin development

·
Kazakhstan performance strong

·
Net loss in the quarter mainly due to Netherlands investment

The second quarter report is available on www.tele2.com

Presentation Q2 2016 result
Tele2 will host a presentation with the possibility to join through a
conference call, for the global financial community at 10:00 am CEST
(09:00 am BST/04:00 am EDT) on Thursday, July 21, 2016. The
presentation will be held in English and also made available as a
webcast on Tele2's website: www.tele2.com

Dial-in information:
To ensure that you are connected to the conference call, please dial
in a few minutes before the start of the conference call to register
your attendance. Ask for the Tele2 Q2 Interim Report 2016 Conference
Call.

Dial-in numbers:
SE: +46 (0)8 5876 9445
UK: +44 (0)20 3427 1908
US: +1 646 254 3361

For more information, please contact:
Louise Tjeder, Head of Investor Relations, Tele2 AB, Phone: +46 704 26
46 52

Viktor Wallström, Communications Director, Tele2 AB, Phone: +46 703 63
53 27

This information is information that Tele2 AB is obliged to make
public pursuant to the EU Market Abuse Regulation and the Securities
Markets Act. The information was submitted for publication, through
the agency of the Director of Communications set out above, at 07:00
CEST on July, 21 2016.

TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS
PROVIDING CUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 16 million
customers in 9 countries. Tele2 offers mobile services, fixed
broadband and telephony, data network services, content services and
global IoT solutions. 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 2015, we had net sales of SEK
27 billion and reported an operating profit (EBITDA) of SEK 5.8
billion. For financial definitions, please see the last page of the
Annual report 2015.

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http://news.cision.com/tele2-ab/r/interim-report-second-quarter-2016,c20...
http://mb.cision.com/Main/3372/2049083/542391.pdf
http://mb.cision.com/Public/3372/2049083/b31f38621df239c3.pdf

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