April 19, 2025
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Swedish company Tele2 will stop issuing brand licenses to the Russian operator of the same name

  • April 4, 2022
  • 0

Additionally, the parent company is currently investigating the possibility of early termination of the contract. Channel 24 learned the intricacies of the situation. what is known Tele2 entered

Additionally, the parent company is currently investigating the possibility of early termination of the contract. Channel 24 learned the intricacies of the situation.

what is known

  • Tele2 entered the Russian market in November 2001. He later sold the entire local business of VTB Bank, but the terms of the deal ensured that the brand name was retained for the new owner for 10 years. In 2020, 100% of the shares were purchased by Rostelecom and the agreement regarding the use of the brand was maintained.
  • This brand contract expires in March 2023, that is, one year later.
  • The company has already stated that it will definitely not sign a new one and is currently investigating possible ways and consequences of premature termination of the old one.

Russia’s “daughter Tele2”, in a comment to TASS propagandists, says she sees no reason to suspend the license and currently has no communication with the Swedish company on this matter.

Source: 24 Tv

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