- Business
- Tele2 AB (publ) (TLTZY) is a telecommunications company that provides mobile and fixed connectivity, telephony, broadband, data network services, content services including TV and streaming, and global Internet of Things (IoT) solutions to consumers and enterprises. The company offers a comprehensive portfolio encompassing handset-related data services and mobile broadband; fixed broadband and telephony; linear and streaming entertainment services; enterprise solutions such as switch and contact center services, cloud and IT services, network services, workplace solutions, video collaboration, unified communications, and security services; single and dual IMSI solutions for consumer and IoT applications; on-demand roaming including subscription management, data plan management, real-time charging, eSIM delivery, and SIM management; routing and termination for international voice traffic; and value-added services like shortcodes and long numbers for business-customer communication. Tele2 operates primarily in the Nordic and Baltic regions, with key markets in Sweden (accounting for approximately 76% of net sales), Lithuania (14%), Latvia (7%), and Estonia (3%), serving both consumer and business segments through its networks that deliver over 99% 5G population coverage in Sweden.
Founded in 1993 by Jan Stenbeck and headquartered in Kista Science City, Stockholm, Sweden, Tele2 functions as a leading alternative operator challenging traditional monopolies with fast, future-proof mobile and fixed networks. The company maintains subsidiaries including Tele2 Sverige AB, which focuses on mobile services, Internet Protocol Television (IPTV), cable TV, satellite master antenna TV systems, and interactive services for business and consumer markets in Sweden.
In recent developments, Tele2's ownership structure shifted in 2024 when Kinnevik sold its stake to Freya Investissement, an entity linked to French telecom group Iliad, positioning Freya as a reference shareholder. In August 2025, Tele2 partnered with Manulife Investment Management-backed GCI to establish the first pan-Baltic tower company, encompassing around 2,700 tower and rooftop sites across Estonia, Latvia, and Lithuania; Tele2 serves as anchor tenant under a 20-year master service agreement, with a committed 10-year investment plan for new sites to enhance network coverage, pending regulatory approval for completion in early 2026. Additionally, in November 2025, Tele2 and Telenor Sweden, via their joint venture Net4Mobility, secured 2x25 MHz spectrum in the 1800 MHz band (valid from 2028 to 2054) to bolster 4G/5G capacity, stability, and nationwide robustness as part of the largest network modernization in company history.