Tele2 AB: Tele2 and Wipro Limited in M2M/IoT Partnership

STOCKHOLM--()--Regulatory News:

Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) today announced a partnership with Wipro Limited for Machine-to-Machine (M2M) and Internet of Things (IoT).

Tele2 and Wipro have formed a strategic partnership to provide business customers with M2M/IoT solutions that will help them reduce cost and open up for new revenue streams. The agreement will help customers implement solutions that reduce time-to-market and the cost of development and operations.

Rami Avidan, Head of Tele2 M2M Global Solutions, comments: ”Partnerships is the right way of going to market in the M2M/IoT world. At Tele2, we are actively focusing on our partnership strategy. By partnering with Wipro we can jointly offer an end-to-end solution that will help our customers to realize business opportunities in a simple, flexible and secure way.”

Wipro Limited is a leading information technology, consulting and outsourcing company with 145.000 employees worldwide and presence in 61 countries globally.

Alan Atkins, Vice President and Global Head of M2M at Wipro, states “Wipro is investing heavily to drive the M2M business forward. We are happy to announce the partnership with Tele2, which will help us to continue this drive towards end-to-end solutions to customers across Europe.”

For more information about Tele2 M2M Global Solutions, visit: m2m.tele2.com

For more information about Wipro, visit: wipro.com

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 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 2012, we had net sales of SEK 31 billion and reported an operating profit (EBITDA) of SEK 6 billion.

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Contacts

For more information, contact:
EVP Corporate Communication
Lars Torstensson
Telephone: +46 702 73 48 79
or
Viktor Wallström, Press Inquiries
Telephone: +46 703 63 53 27

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Contacts

For more information, contact:
EVP Corporate Communication
Lars Torstensson
Telephone: +46 702 73 48 79
or
Viktor Wallström, Press Inquiries
Telephone: +46 703 63 53 27