As filed with the Securities and Exchange Commission on February 23, 2006

# FORM 6-K

# SECURITIES EXCHANGE COMMISSION 
  Washington, D.C. 20549

Report of Foreign Private Issuer 
  Pursuant to Rule 13a-16 or 15d-16 of
  the Securities Exchange Act of 1934For the month of**February**2006

TELE2 AB(Translation of registrants name into English)

Skeppsbron 18
  Box 2094
  S103 13 Stockholm
  Sweden
  (Address of principal executive offices)

> Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F

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> Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934

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> If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
>     ..................................................N/A.......................................................................................................................................





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FOR IMMEDIATE RELEASE

| | February 23, 2006
| | -----------------





TELE2 INCREASES ITS HOLDING IN FIVE RUSSIAN OPERATIONS



Tele2 AB, Europes leading alternative telecoms operator, today announced that, in line with its long-term strategy for Russia, it has increased its holding in five of its Russian operations. After these transactions, 11 of Tele2s 14 regional Russian operations are now wholly-owned by Tele2.

Tele2 has acquired the below stakes from Center Telecom, North West Telecom and Sibir Telecom, all of which are subsidiaries of Svayzinvest:

|Company                          | Region        | Acquired stake | Tele2s ownership prior to /post acquisition | Tele2s status in the region              
|-------------------------------- | ------------- | -------------- | -------------------------------------------- | ------------------------------------------
|Belgorod Cellular Communications | Belgorod      | 35%            | 65% / 100%                                   | GSM network operation since April 2004    
|Smolensk Cellular Communications | Smolensk      | 40%            | 60% / 100%                                   | GSM network operation since September 2003
|Lipetsk Mobile                   | Lipetsk       | 5.9%           | 94,1% / 100%                                 | GSM network deployment                    
|Oblcom                           | St Petersburg | 2.76%          | 97.24% / 100%                                | GSM network operation since July 2003     
|Siberian Cellular Communications | Omsk          | 10%            | 60% / 70%                                    | GSM network operation since August 2003   

Tele2s costs for the above-mentioned acquisitions are non significant.



|CONTACTS                          
|----------------------------------
|                                  
|Lars-Johan Jarnheimer             
|President and CEO, Tele2 AB       
|                                  
|Håkan Zadler                      
|CFO, Tele2 AB                     
|                                  
|Dwayne Taylor                     
|Lena Krauss                       
|Investor enquiries                
|                                  
|Visit our web site atwww.tele2.com

Tele2 is Europes leading alternative telecom operator. Tele2s mission is to provide cheap and simple telecom for everyone in Europe. Tele2 always strives to offer the markets best prices. We have more than 30 million customers in 23 countries. Tele2 offers fixed and mobile telephony, broadband, 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. Tele2 has been listed on Stockholmsbörsen since 1996. In 2005 we had operating revenue of SEK 50 billion and reported a profit (EBITDA) of SEK 6.6 billion.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



TELE2 AB 
  By:   /s/ Håkan Zadler
  Name: 
  Title:   CFO
  Date: February 23, 2006