Tele2 AB - Company Profile
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Tele2 AB (Tele2) is a provider of integrated telecommunication services. The company offers mobile and fixed connectivity, telephony, data network services, TV, streaming, and global IoT solutions. It provides connectivity and entertainment services to residential consumers and tailored solutions for private and public organizations. Tele2 offers national and international wholesale services, carrier services, and SMS services. The company also provides base stations, handsets, sim cards, construction for telecom mast constructions, network and IT system solutions platforms. It offers services to individuals and corporate customers in Sweden, Lithuania, Latvia, Estonia, Austria, and Germany. Tele2 is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Box 62, Kista, 16494
Website
www.tele2.com
Telephone
46 8 56200060
No of Employees
3,866
Industry
Technology and Communications
Ticker Symbol & Exchange
TEL2 B (STO)
Revenue (2024)
$3.0B
1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
18.5%
(2024 vs 2023)
Market Cap*
$11.0B
Net Profit Margin (2024)
XYZ
17.3%
(2024 vs 2023)
* As of and is in US$
Tele2 AB premium industry data and analytics
Products and Services
| Services |
|---|
| Consumer |
| Data Services |
| Fixed Connectivity |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In October, the company opened a new store in central Boras, Sweden. |
| 2026 | Others | In July, the company secured new spectrum in Lithuania in the 700 MHz and 1500 MHz bands and renewed its existing spectrum in the 2100 MHz band. |
| 2026 | New Products/Services | In March, the company, IDEMIA Secure Transactions and Cisco introduced the commercially available end-to-end IoT solution based on the GSMA SGP.32 eSIM standard. |
Competitor Comparison
| Key Parameters | Tele2 AB | Vodafone Group Plc | Telia Co AB | Telenor ASA | Tessellis SpA |
|---|---|---|---|---|---|
| Headquarters | Sweden | United Kingdom | Sweden | Norway | Italy |
| City | Kista | Newbury | Solna | Fornebu | Cagliari |
| State/Province | - | Berkshire | Stockholm | - | Sardegna |
| No. of Employees | 3,866 | 91,128 | 14,494 | 10,133 | 939 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas Reynaud | Chairman | Executive Board | 2024 | 53 |
| Nicholas Hogberg | Chief Executive Officer; President | Senior Management | 2026 | - |
| Peter Landgren | Executive Vice President; Chief Financial Officer | Senior Management | 2025 | 47 |
| Karin Wadstrom Sjostedt | Executive Vice President; Chief People Officer | Senior Management | 2025 | 45 |
| Ove Wik | Chief Technology and Innovation Officer; Executive Vice President - Acting | Senior Management | 2025 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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