Tele2 AB/Skr TEL2 B

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About Tele2 AB

Tele2 AB is a telecommunications company that provides mobile and fixed-line services, broadband, and television services across Europe. Established in 1993, Tele2 is headquartered in Stockholm, Sweden, and operates primarily in the Nordic and Baltic regions. The company offers a range of products including mobile telephony, broadband internet, and digital television. Tele2 has strategically positioned itself by emphasizing cost efficiency and customer service, enabling competitive pricing. Through its operations, Tele2 aims to connect millions of customers with reliable and accessible communication services.
Ticker
Skr TEL2 B
Sector
Communication
Primary listing
XSTO
Employees
3,904
Headquarters
Kista, Sweden

Tele2 AB Metrics

BasicAdvanced
kr 120B
11.93
kr 14.50
0.33
kr 8.40
4.86%

Bulls say / Bears say

Tele2 delivered 3% organic revenue growth in Q1 2026 with total revenue rising to SEK 7.2 billion year-over-year, reflecting sustained end-user demand across its Nordic and Baltic markets (Reuters)
Underlying EBITDAaL increased 11% organically to SEK 2.9 billion in Q1 2026, driven by sharp cost control and service revenue growth, underscoring strong operational leverage (Reuters)
Tele2 secured new spectrum licenses in Lithuania in the 700 MHz and 1500 MHz bands and renewed its 2100 MHz band at a total investment of EUR 9.8 million, strengthening network capacity through October 2042 (Reuters)
Q2 2026 underlying EBITDAaL of SEK 3.0 billion was 0.6% below consensus and equity free cash flow of SEK 1.5 billion missed forecasts by 5%, prompting a roughly 3% share decline on July 16 as per JPMorgan analysis (Reuters)
Management maintained 2026 guidance at low single-digit organic service-revenue growth and low- to mid-single-digit EBITDAaL growth, which disappointed investors who had expected upgrades after a strong first quarter (Reuters)
Tele2’s Swedish operations saw underlying EBITDAaL growth slow to just 2% in Q2 2026, highlighting mounting margin pressure from intensifying local competition (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.

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