September 28, 2016 1:54 PM ET

Diversified Telecommunication Services

Company Overview of Tele2 Sverige AB

Company Overview

Tele2 Sverige AB provides mobile services for businesses and consumer markets. The company’s services include prepaid calling cards, fixed telephony, mobile telephony, dial-up Internet, cable TV, Internet protocol telephony, a domain name system, and an asymmetric digital subscriber line. It offers its services through a network of retail shops in Sweden. Tele2 Sverige AB was formerly known as Tele2 AB. The company was founded in 1986 and is based in Kista, Sweden. Tele2 Sverige AB operates as a subsidiary of Tele2 AB (publ).

Borgarfjordsgatan 16

Kista,  164 94

Sweden

Founded in 1986

Phone:

46 8 56 26 40 00

Fax:

46 8 56 26 42 00

Key Executives for Tele2 Sverige AB

Chief Executive Officer and Executive Vice President
Age: 38
Compensation as of Fiscal Year 2016.

Tele2 Sverige AB Key Developments

Tele2 Sverige Reports Earnings Results for the Second Quarter 2016

Tele2 Sverige reported earnings results for the second quarter 2016. For the quarter, total net sales fell to SEK 3.018 billion from SEK 3.101 billion and EBITDA dropped to SEK 846 million from SEK 908 million, hit by increased sales and marketing initiatives and non-recurring items.

Tele2 Sweden Reports Earnings Results for the First Quarter of 2016

Tele2 Sweden reported earnings results for the first quarter of 2016. For the quarter, net sales fell to SEK 3.053 billion from SEK 3.130 billion a year earlier, amid tough competition in the B2B SME sector in particular. EBITDA fell to SEK 894 million from SEK 976 million as Tele2 increased its sales and marketing efforts in a bid to regain momentum and stimulate growth.

Tele2 Sweden Wins New Contract with Skanemejerier to Provide Mobile and Fixed Services as Well as Mobile Hardware and Data Networks '

Tele2 Sweden announced a new contract with Skanemejerier to provide mobile and fixed services as well as mobile hardware and data networks to the Swedish dairy group. The contract with the new customer will run for 36 months. Operator services and terminals have already been implemented, and data network services will be implemented during in 2016.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 21, 2016
TDC Sverige AB
 

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