Tele2 Overview

  • Status
  • Public

  • Employees
  • 4,485


  • Stock Symbol
  • TEL2 B

Stock Symbol

  • Investments
  • 54

  • Share Price
  • $9.41
  • (As of Friday Closing)

Tele2 General Information


Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Telecommunications Service Providers
Stock Exchange
Corporate Office
  • PO Box 62
  • 164 94 Kista
  • Sweden
+46 08-562 000 00

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Tele2 Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$9.41 $9.45 $6.82 - $9.87 $6.51B 692M 2.67M $0.51

Tele2 Financials Summary

In Thousands,
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 8,330,058 8,638,463 8,363,256 13,607,351
Revenue 2,757,295 2,737,673 2,770,171 3,119,403
EBITDA 1,100,203 1,100,187 1,247,923 1,245,828
Net Income 350,673 351,394 549,441 501,405
Total Assets 6,429,866 6,609,906 6,485,554 8,204,703
Total Debt 3,121,474 3,099,278 3,110,777 3,404,933
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Tele2 Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Tele2 Comparisons

HQ Location
Total Raised
Post Valuation
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until
Telecommunications Service Providers
Kista, Sweden
4,485 As of 2023
00.00 0000-00-00
00000000000 00000


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000000000000000000 0
Solna, Sweden
00000 As of 0000
0000 0000


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000000000000000000 0
Bern, Switzerland
00000 As of 0000
000.00 0000-00-00
00000000 00.000
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Tele2 Competitors (32)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Telia Company Corporation Solna, Sweden 00000 0000 0000 0000
Swisscom Corporation Bern, Switzerland 00000 00.000 00000000 00.000
Mobile TeleSystems Corporation Moscow, Russia 00000 0&0
China Mobile Corporation Hong Kong, Hong Kong 000000 00.000 000000000 00.000
Telecom Italia Corporation Rome, Italy 00000 000.00 000000000 00 000.00
You’re viewing 5 of 32 competitors. Get the full list »

Tele2 Executive Team (48)

Name Title Board Seat Contact Info
Kjell-Morten Johnsen Chief Executive Officer & President
Charlotte Hansson Chief Financial Officer and Executive Vice President
Kim Hagberg Executive Vice President, Chief Operations
Mindaugas Savickas Chief Marketing Officer, Lithuania
Tadas Bukauskas Director, Strategy and Growth
You’re viewing 5 of 48 executive team members. Get the full list »

Tele2 Board Members (11)

Name Representing Role Since
000000 000000 Tele2 Chairman & Board Member 000 0000
000 000000000 Self Board Member 000 0000
000000 00000 Kinnevik Board Member 000 0000
0000-Å00 0000000 Self Board Member 000 0000
00000 00000000 Svenska Handelsbanken Board Member 000 0000
You’re viewing 5 of 11 board members. Get the full list »

Tele2 Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Tele2 Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Tele2 Investments & Acquisitions (54)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Centuria (JV) 17-Sep-2019 00000 0000 Telecommunications Service Providers 000000 00
Com Hem 05-Nov-2018 0000000000 00.000 Telecommunications Service Providers 0000000 0
Mobilieji Mokėjimai 07-Dec-2017 00000 0000 00.000 Financial Software 000000000
TDC Sverige 31-Oct-2016 0000000000 00000 Telecommunications Service Providers 0000000 0
Kombridge 22-Aug-2016 Merger/Acquisition 00.000 Business/Productivity Software 0000 0000
You’re viewing 5 of 54 investments and acquisitions. Get the full list »

Tele2 Subsidiaries (3)

Company Name Industry Location Founded
Kombridge Business/Productivity Software Gothenburg, Sweden 2010
Itux Communication Other Communications and Networking Kista, Sweden 0000
Tele2 Kazakhstan Telecommunications Service Providers Almaty, Kazakhstan 0000
To view Tele2’s complete subsidiaries history, request access »

Tele2 ESG

Risk Overview

Risk Rating

Updated April, 30, 2024

19.22 | Low Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,421




Telecommunication Services


00 of 236




Telecommunication Services


00 of 236




To view Tele2’s complete esg history, request access »

Tele2 Exits (10)

Company Name Exit Date Exit Type Exit Size Status Buyers
Mobilieji Mokėjimai 07-Dec-2017 00000 0000000 00.000 Completed
  • 3 buyers
Tele2 & Altel JV 01-Mar-2016 00000 0000000 00.000 Completed
  • 00000
4T Sverige 31-Oct-2011 00000 0000000 Completed
  • 4 buyers
Network Norway 03-Oct-2011 000000000000000000 00000 Completed
  • 00000
Plusnet (Germany) 01-Sep-2006 Joint Venture Completed
  • 2 buyers
You’re viewing 5 of 10 exits. Get the full list »

Tele2 FAQs

  • Who is the founder of Tele2?

    Jan Stenbeck and Mario Zanotti are the founders of Tele2.

  • Who is the CEO of Tele2?

    Kjell-Morten Johnsen is the CEO of Tele2.

  • Where is Tele2 headquartered?

    Tele2 is headquartered in Kista, Sweden.

  • What is the size of Tele2?

    Tele2 has 4,485 total employees.

  • What industry is Tele2 in?

    Tele2’s primary industry is Telecommunications Service Providers.

  • Is Tele2 a private or public company?

    Tele2 is a Public company.

  • What is Tele2’s stock symbol?

    The ticker symbol for Tele2 is TEL2 B.

  • What is the current stock price of Tele2?

    As of 24-May-2024 the stock price of Tele2 is $9.41.

  • What is the current market cap of Tele2?

    The current market capitalization of Tele2 is $6.51B.

  • What is Tele2’s current revenue?

    The trailing twelve month revenue for Tele2 is $2.76B.

  • Who are Tele2’s competitors?

    Telia Company, Swisscom, Mobile TeleSystems, China Mobile, and Telecom Italia are some of the 32 competitors of Tele2.

  • What is Tele2’s annual earnings per share (EPS)?

    Tele2’s EPS for 12 months was $0.51.

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