Tele2 AB : Fitch affirms Tele 2 Russia Holding AB's rating of BB+ with a stable outlook
05/31/2012| 03:44am US/Eastern
Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and
TEL2 B) today announced that Fitch Ratings-Moscow/London has
affirmed Tele2 Russia Holding AB's Long-term Issuer Default
Rating of BB+ with a stable outlook.
Tele2 Russia Holding AB's senior unsecured debt has been
affirmed at BB+. Fitch continues to view Tele2 Russia Holding
AB's rating on a standalone basis without any support
from the parent Tele2 AB.
Lars Torstensson, Investor Inquiries, Telephone: +46 702 73
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45
TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS,
ALWAYS PROVIDING THE BEST DEAL. We have 35 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
2011, we had net sales of SEK 41 billion and reported an
operating profit (EBITDA) of SEK 11.