About Tele2
Tele2 is a company based in Stockholm (Sweden) founded in 1993. It operates as a Subscription Services and Managed Services. The company has 4,330 employees as of December 31, 2024. Tele2 has completed 7 acquisitions, including BBNed, Com Hem AB and Comunitel. Tele2 offers products and services including Tele2 5G, Wholesale Services, and Internet of Things (IoT). Tele2 operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Stockholm, Sweden
- Employees 4330 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Tele2 Ab Class A
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Annual Revenue
$3.24 B (USD)0.91as on Dec 31, 2025
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Net Profit
$495.12 M (USD)18.94as on Dec 31, 2025
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EBITDA
$1.07 B (USD)3.15as on Dec 31, 2024
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Latest Funding Round
$139.62 M (USD), Debt – Venture
Oct 11, 2016
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Investors
European Investment Bank
& 1 more
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Employee Count
4330
as on Dec 31, 2024
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Investments & Acquisitions
BBNed
& 6 more
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IPO & Listings of Tele2
Tele2 is a publicly listed company on the OMXSTO with ticker symbol TEL2_A in Sweden, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Tele2
Tele2 offers a comprehensive portfolio of products and services, including Tele2 5G, Wholesale Services, and Internet of Things (IoT).
5G network services are provided for enhanced connectivity.
Wholesale telecom solutions are offered to various businesses.
IoT solutions are delivered for connected device integration.
People of Tele2
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Software Development Team
136 people
Head Team
34 people
Senior Team
25 people
Operations Team
21 people
Product Management Team
18 people
Manager Team
17 people
Human Resources and Administration
15 people
Leadership Team
12 people
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Funding Insights of Tele2
Investors in Tele2
Tele2 has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Investment Bank and Nordic Investment Bank.
| Investor | Description | Founded Year | Domain | Location |
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Finance and advisory services for infrastructure projects are provided.
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Nordic Investment Bank is engaged in financing sustainable projects in the Nordic-Baltic region.
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Locked | Locked | Locked |
Investor details for Tele2
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Tele2
Tele2 has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include BBNed, Com Hem AB and Comunitel.
Investment portfolio details for Tele2
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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A platform is utilized to connect and monitor connected equipment.
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Locked | Locked | 2010 | Locked | |
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Voice and data services are supplied to corporates in Sweden.
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Locked | Locked | 2002 | Locked | |
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Telecommunication services are provided by Network Norway in Norway.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for Tele2
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Tele2
Detailed financials for Tele2
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Tele2 Comparisons
Peer comparison for Tele2
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Tele2
Tele2 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Provider of telecommunication services
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Airtel is recognized as a provider of telecommunications and internet services.
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Provider of integrated telecommunication services
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Mobile internet services are provided for homes and offices.
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Integrated telecom service provider
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Detailed competitors of Tele2
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tele2
Complete news archive for Tele2
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Tele2
Tele2 was founded in 1993 and raised its 1st funding round 19 years after it was founded.
Tele2 is headquartered in Stockholm, Sweden.
As of Dec 31, 2024, the latest employee count at Tele2 is 4,330.
Annual revenue of Tele2 is $3.24B as on Dec 31, 2025.
Tele2 is established as a prominent telecommunications company focused on mobile and internet services. Operations are conducted across multiple countries including Sweden, Lithuania, Latvia, and Estonia. Advanced 5G network solutions are provided, alongside wholesale services and IoT integrations. Emphasis is placed on sustainability, with initiatives to accelerate tech-driven environmental impact and protect online safety for children. Business transformation and infrastructure development are enabled through innovative connectivity solutions.
Tele2 offers Tele2 5G, Wholesale Services, and Internet of Things (IoT).
Yes, Tele2 is publicly traded on OMXSTO under the ticker symbol TEL2_A.
Tele2 has made 7 acquisitions, including BBNed, Com Hem AB, and Comunitel.
Tele2 has 2 investors. Key investors include European Investment Bank, and Nordic Investment Bank.
The ticker symbol of Tele2 is TEL2_A on OMXSTO.