Tele2 AB: Tele2 to Provide CSL DualCom Ltd with Connectivity Solutions

Regulatory News:

Tele2 AB (Tele2), (STO:TEL2B) (STO:TEL2A) (OSE:TLE201) today announced that Tele2 M2M Global Solutions will provide connectivity solutions to CSL DualCom Ltd and its customers within security, healthcare and general M2M applications across Europe.

CSL DualCom provides a platform and products that enable the reliable delivery of alarm signals from protected premises to the alarm receiving center. CSL DualCom pioneered the move from wired to wireless technology in the electronic security industry, as the inventors of dual signaling, to become market leader. Dual signaling combines telephone line signaling with GPRS mobile technology.

The partnership with Tele2 enables CSL DualCom to optimize the processes of deploying and managing connectivity solutions, from manufacturing all the way to the end user.

Rami Avidan, Head of Tele2 M2M Global Solutions, commented: "CSL offers the most resilient and reliable managed network in the industry. It is the DualCom Gemini Managed Network that provides the critical connectivity for hundreds of thousands of protected premises throughout Europe and enables CSL to push the boundaries of innovation. CSL now wants to continue growth outside of their UK home market, into the Nordics and across Europe. We are delighted that CSL DualCom has chosen Tele2 as the supplier for this expansion”.

Phil Hollett, CEO of CSL, commented: "The Nordics are a rapidly growing market and because of their leading position in the adaption of wireless M2M, are strategically important to CSL. From experience we know that in order to maintain high customer service levels we required a highly responsive, customer focused operator to complement our proven track record. Tele2 was the obvious choice.”

Tele2 M2M Global Solutions provides CSL DualCom with seamless connectivity and connectivity management solutions across Europe, to support their expansion. The contract runs for 3 years and will add tens of thousands of connected devices to CSL DualCom’s significant base.

TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS PROVIDING CUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 15 million customers in 10 countries. Tele2 offers mobile services, fixed broadband and fixed 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 2013, we had net sales of SEK 30 billion and reported an operating profit (EBITDA) of SEK 6 billion.

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