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TELE2 expands

Swedish-owned alternative telecom service provider TELE2 increased its revenue by 16% last year. The number of TELE2 clients grew by 5 million reaching almost 28 million all over Europe. The company reported a net revenue of SEK 43 billion last year, while its EBITDA profit was SEK 6.6 billion. TELE2 entered the Hungarian market last year