Tele2 wants to grab market share in the Netherlands by undercutting the country’s incumbents with its LTE pricing, said the CEO of its Dutch unit.

“We have to invest hundreds of millions in our network in the Netherlands. We don’t do that just for a few percentage points of market share,” Günther Vogelpoel (pictured) CEO of Tele2 Netherlands told Reuters.

The Nordic operator has also signed a ten-year site-sharing agreement for LTE with T-Mobile, the country’s third-largest mobile operator.

Under the agreement, the two companies will share T-Mobile’s sites but the two companies will roll out and operate their own frequencies and networks independently.

In addition, Tele2 has extended an existing MVNO agreement with T-Mobile for 2G and 3G services for another five years.

Vogelpoel said incumbents KPN and Vodafone are “only selling their 4G services with expensive subscriptions, we will sell it at a reasonable price to all customers”.

In December 2012, Tele2 won spectrum in an auction staged in the Netherlands. Tele2 secured two LTE licences at 800MHz frequency for EUR161 million. The company has been operating as an MVNO in the market for around 10 years.