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The completion followed clearance from the Swiss Competition Commission, the company added.
The subsidiary was divested for approximately SEK300m in cash.
Tele2, headquartered in Stockholm, Sweden, is a pan-European operator with more than 30m customers in 22 countries. The group reported operating revenue of SEK43.4bn in 2007.
One British pound (GBP) is worth approximately 12.18 Swedish kronor (SEK).
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