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TELE2

Tele2 AB
Publicly traded Aktiebolag
Traded as Nasdaq StockholmTEL2 B
Industry Telecommunications
Founded 1993; 24 years ago (1993)
Headquarters , Sweden
Key people
Mike Parton (Chairman), Allison Kirkby (CEO)
Products Mobile and fixed-line telephony, cable TV and Internet services
Revenue SEK 25.955 billion (2014)
SEK 3.490 billion (2014)
Profit SEK 2.211 billion (2014)
Total assets SEK 39.848 billion (2014)
Total equity SEK 22.682 billion (2014)
Website www.tele2.com
Primary ASN 1257
Peering policy Selective
Traffic Levels 100+ Gbps

Tele2 AB is a major European telecommunications operator, with about 14 million customers in 9 countries and with Headquarters in the Kista Science City, Stockholm, Sweden. It serves as a mobile phone operator.

Tele2 started as a telecommunications company in Sweden in the late 1970s by the company Industriförvaltnings AB Kinnevik. In 1981, a mobile phone provider called Comvik started as an alternative mobile phone operator to Televerket (today known as Telia Company). The cable television provider Kabelvision AB started in 1986. Comvik changed its name to become Comviq when the company got a GSM license in 1988 and started operating in 1992.

In 1991, Sweden's first commercial ISP was started with the Swedish IP Network (SWIPnet, AS1257) by Industriförvaltnings AB Kinnevik, later known as Tele2, and in 1993 with telephone liberalisation in Sweden, Tele2 started to offer international calls.

The three companies of Comviq, Kabelvision, and Tele2 came together as the Tele2 brand on fixed-line services and Comviq on mobile services in Sweden in 1997. International growth came in the form of acquisitions in Estonia, Latvia, Russia & France. Today it serves as a major telephone company in the Nordic and Baltic nations, together as an alternative provider in many others.

Tele2 operates in Austria, Croatia, Estonia, Germany, Kazakhstan, Latvia, Lithuania, the Netherlands, and Sweden .

Tele2's most recent development has been to realign its geographic footprint towards Eastern Europe and the Nordic region focusing on own infrastructure based operations which provide higher growth options and possibly better margins for the future. One area of notable success has been the growth of the mobile Internet broadband connectivity. Tele2 has achieved the most success in Russian market, with a customer base increasing by the hundreds of thousands yearly.


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