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Stockholm - Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) todayannounces an agreement with IBM (NYSE: IBM) to jointly help European businessesfast-track the implementation and lower the point of entry for new Internet ofThings (IoT) projects and business models.Working jointly, Tele2 will provide global connectivity and related serviceswhilst IBM will leverage its Watson IoT platform and Global Business Solutions(GBS) consulting approach to bring selected industry IoT offerings to market.IoT, Big Data analytics and cognitive capabilities will be brought together intoofferings such as asset management, location based services, connected productsand supply chain management.The companies will offer a joint IoT Starter Kit to enable customers to quicklystart Internet of Things projects. The Starter Kit contains SIM cards and anintegration into IBM Bluemix so that customers can quickly connect and startdeveloping IoT solutions. IBM will be responsible for the implementation,integration, cloud-based services and roll-out of the solutions. Combined withTele2’s world class connectivity and value added services, the solution willenable businesses across Europe enhance the customer experience using the latestIoT technologies.Rami Avidan, Managing Director, Tele2 IoT, comments: “IBM’s industry leadingsolutions combined with Tele2’s IoT competence will help clients on their IoTjourney and allow them to introduce new revenue models, reduce time to marketand lower operational costs.”Louise Skordby, Executive, European Digital Operations Leader IBM, commented: “Iam convinced that by combining our respective strengths, IBM and Tele2 we willbe able to offer powerful new solutions for businesses across Europe enablingthem to leverage the power of the Internet of Things.”For more information, please contact:Viktor Wallström, Communications Director, Tele2 AB, Phone: +46 703 63 53 27Louise Tjeder, Head of Investor Relations, Tele2 AB, Phone: +46 704 26 46 52TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS PROVIDINGCUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 16 million customers in 9countries. Tele2 offers mobile services, fixed broadband and telephony, datanetwork services, content services and global M2M/IoT solutions. Ever since JanStenbeck founded the company in 1993, it has been a tough challenger to theformer government monopolies and other established providers. Tele2 has beenlisted on the NASDAQ OMX Stockholm since 1996. In 2015, we had net sales of SEK27 billion and reported an operating profit (EBITDA) of SEK 5.8 billion.
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