Tele2 AB (OTC: TLTZY) is a Swedish telecommunications operator that provides a broad range of mobile and fixed‐line services. The company’s core offerings include mobile voice and data subscriptions, fixed broadband internet access, fixed telephony and digital television services. Tele2 serves both consumer and business customers, delivering standalone connectivity solutions as well as bundled packages that integrate multiple services.
Founded in 1993 as part of the Kinnevik investment group led by Jan Stenbeck, Tele2 helped to liberalize the Swedish telecom market by introducing competition to state‐run providers. Over the years, the company expanded into other European markets through organic growth and targeted acquisitions, most notably in the Baltic states and Central Asia. In 2018, Tele2 further strengthened its position in Sweden by completing the acquisition of Com Hem, a leading cable network and TV operator, integrating content delivery with its existing broadband portfolio.
Tele2’s operations today span Sweden, Estonia, Latvia, Lithuania and Kazakhstan. In each market, the company continues to invest in network infrastructure upgrades—such as nationwide 4G deployments and initial 5G rollouts—to meet growing consumer and enterprise demand for high-speed, low-latency connectivity. Tele2 also offers cloud‐based and managed network services to corporate clients, supporting digital transformation initiatives across industries including retail, manufacturing and logistics.
Guided by an experienced executive leadership team and overseen by a board of directors, Tele2 maintains a focus on operational efficiency, sustainable growth and customer satisfaction. The company emphasizes environmental, social and governance (ESG) principles in its operations, with specific commitments to reducing carbon emissions and promoting digital inclusion across its markets.
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