Last kr89.25 SEK
Change Today -0.15 / -0.17%
Volume 97.3K
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As of 3:42 AM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

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09/18/14 - kr89.55
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02/7/14 - kr68.75
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tele2 ab-b shs (TEL2B) Details

Tele2 AB (publ), a telecom operator, provides telecommunication services for residential and business customers. The company offers mobile communication, fixed broadband and telephony, data network, cable TV, and content services. It serves customers in Sweden, Norway, the Netherlands, Germany, Austria, Lithuania, Estonia, Latvia, Croatia, and Kazakhstan. Tele2 AB (publ) has a strategic partnership with NetComm Wireless Limited to create new Machine-to-Machine (M2M)/Internet of Things (IoT) opportunities for vertical markets. The company was founded in 1990 and is based in Stockholm, Sweden.

5,277 Employees
Last Reported Date: 03/28/14
Founded in 1990

tele2 ab-b shs (TEL2B) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: kr17.4M
Compensation as of Fiscal Year 2013.

tele2 ab-b shs (TEL2B) Key Developments

Tele2 Plans to Invest over RUB 160 Million into Development of the Region's Mobile Infrastructure in 2014-2016

Tele2 and the Murmansk Region government have signed an agreement on cooperation in telecom sector development. As a part of the document Tele2 is planning to invest over RUB 160 million into development of the region's mobile infrastructure in 2014-2016. The signing of the document is targeted at expanding network coverage in different districts of Murmansk Region where fixed-line networks cannot be rolled out due to technical restrictions. The investment project implies construction of new base stations and upgrading facilities of the current network infrastructure. As a part of the agreement the operator is planning to support the governmental initiatives in social sphere. Thus, signing of the document is solving important tasks of the region in telecom sector development.

Tele2 and Renaissance Credit Bank Become Partners

Tele2 and Renaissance Credit Bank reported a launch of cooperation. Beginning from 1 September, Tele2 mobile starter kits are available for purchase in all banking offices. A joint project of Tele2 and the Renaissance Credit Bank is the first case of similar cooperation between a mobile operator and a banking institution. The service is available in 26 offices of the Renaissance Credit Bank in St. Petersburg, Arkhangelsk, Kaliningrad, Vologda, Cherepovets, Rostov-on-Don, Krasnodar, Voronezh and Maykop. Any visitor may subscribe to Tele2 by only having showed his ID document. The entire process will hardly take 10 minutes. Renaissance Credit employees will help a client choose a tariff that better meets his needs in mobile connections and activate his SIM card.

Tele2 Announces Management Appointments

Tele2 announced that has built up the Urals macroregion management team by having appointed Maksim Butakov as chief technical officer on 12 August. Andrey Kurdanov holds the post of the macroregion's chief executive officer, whereas the commercial directorate is headed by Dina Zotova. The macroregion's CEO Andrey Kurdanov is in charge of the business strategic management and developing Tele2 operations in the Urals. Commercial officer Dina Zotova is supervising development of the distribution network and a launch of advertising strategy in the macroregion. Maksim Butakov took the post of the Urals macroregion's chief technical officer. In this position he will be responsible for providing a high quality of mobile services. Maksim will also be in charge of the macroregion's technical development as well as expansion of network coverage, construction and commercial launch of 3G and 4G networks.


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Valuation TEL2B Industry Range
Price/Earnings 30.2x
Price/Sales 1.3x
Price/Book 1.8x
Price/Cash Flow 30.3x
TEV/Sales 0.9x

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