Tele2 AB
TEL2 B
ISIN SE0005190238 / Valor 21358576
Tele2 AB
UMushroom community rating:
About company
Tele2 AB is a telecommunications company with a significant presence in the Nordic and Baltic regions, aiming to lead in these markets through its comprehensive portfolio of fixed and mobile network services. The company, known for its strong brand and commitment to innovation, primarily operates in Sweden—its largest market—as well as in Estonia, Latvia, and Lithuania. Tele2 AB focuses on delivering a superior customer experience by offering a range of telephony and broadband services, underpinned by its investments in 5G and network capabilities to ensure faster and more reliable connectivity. The company also emphasizes operational efficiency and digital transformation in its business processes to enhance service delivery and maintain competitive shareholder returns. With a strategic approach to market segmentation and a commitment to leveraging technology to meet customer needs, Tele2 AB aims to sustain growth and remain a key player in the telecommunications industry.
Summarized from source with an LLMView SourceSector: TelecommunicationsLatest Results (30.08.2026):
Tele2 AB Q2 2026 results show continued solid growth: organic revenue and margins improved, underlying profitability rose, cash generation remained strong and full‑year guidance was reiterated. The quarter delivered modest year‑over‑year organic increases while management flagged tougher comparables and external uncertainties for H2 2026.
Revenue
End‑user service revenue was SEK 5.6bn, up 2% organically vs Q2 2025; total revenue was SEK 7.4bn, also up 2% organically.
Profitability
Underlying EBITDAaL reached SEK 3.0bn, up 4% organically, driven by revenue growth and strict cost control across operations.
Results and EPS
Profit after financial items (EBT) was SEK 1.5bn (SEK 1.5bn in Q2 2025). Net profit from total operations was SEK 1.2bn (SEK 1.2bn), and earnings per share were SEK 1.75 (1.72).
Cash flow
Equity free cash flow was SEK 1.5bn in Q2 2026 (SEK 1.6bn prior year). Over the last 12 months Tele2 generated SEK 6.2bn, equivalent to SEK 8.94 per share (8.02).
Guidance
Full‑year 2026 guidance was reiterated, with management noting they remain on track but face tough H2 comparables and external uncertainties.
Management change
Nicholas Högberg was appointed President and Group CEO, effective 1 July 2026.
Strategic moves
Tele2 announced a partnership with Scaleway to offer a European sovereign cloud and AI solution in Sweden and secured new spectrum to strengthen connectivity across Lithuania.
Sustainability recognition
Tele2 was named one of the world’s most sustainable companies by Time Magazine and was identified as the most sustainable telco in the Nordics.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
11304 M
Market cap (USD)
1,319,681
Daily traded volume (Shares)
109.8 / 108.35
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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