Tele2 AB (publ)

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Tele2 AB (publ) (TEL2-B) Price Performance

Tele2 AB (publ) (TEL2-B) trades on Nasdaq Stockholm in SEK. The company is classified in the Communication Services sector under the Telecom Services industry. The stock currently trades at SEK189.10, up 0.96% from the previous close.

Over the past year, TEL2-B has traded between a low of SEK118.91 and a high of SEK193.25. The stock has gained 49.6% over this period. It is currently 59.0% above its 52-week low.

Tele2 AB (publ) has a market capitalization of $133.90B, with a price-to-earnings ratio of 29.32 and a dividend yield of 5.50%.

About Tele2 AB (publ)

Tele2 AB (publ) provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers handset related data services, linear and streaming services, mobile telephony and data, fixed broadband and telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services. It also provides data network services, including dark fiber, dedicated wavelength, ethernet and IP VPN, and internet services; and unified communications comprising service provider, mobile virtual network operator, and carrier SIP-interconnect services. In addition, the company offers single and dual IMSI solutions for consumer and IoT applications; on-demand roaming services, such as subscription management, data plan management, real time charging, eSIM delivery, SIM management, and set up services; routing and termination solutions for international voice traffic; application-2-person messaging services; and value-added services comprising shortcodes and long numbers for businesses to have 2-way communication with their customers. The company was formerly known as NetCom AB and changed its name to Tele2 AB (publ) in February 2001. Tele2 AB (publ) was incorporated in 1990 and is headquartered in Kista, Sweden.