Tele2 AB

History

2025: Dismissal of 15% of employees

At the end of January 2025, the Swedish telecommunications company Tele2 announced a reorganization, as a result of which the number of personnel will be reduced by 15%. It is assumed that this will increase operational efficiency and fully use the unused potential.

In addition to Sweden, Tele2 also operates in Estonia, Latvia, Lithuania and a number of other countries. The company serves more than 20 million subscribers in these markets. As of the end of 2023, Tele2 had 4,438 employees. The layoffs will affect between 600 and 700 people. Jean Marc Harion, President and CEO of the Tele2 Group, notes that the reduction in staff will help reduce the complexity of the organizational structure, focus on the most important areas for investment and improve cost control. In the end, these measures will help improve the performance and improve the quality of customer service.

In 2025, our company will undergo significant changes. This will be a difficult time for all our colleagues, especially for those who will be directly affected by the reorganization. However, these changes are necessary in order to make Tele2 a more flexible and efficient company, better prepared for a rapid change in the market situation, - notes Harion.

Tele2 also announced its intention to continue active expansion of 5G infrastructure. As of the beginning of 2025, the fifth generation Tele2 networks cover approximately 90% of the Swedish population, and the company expects this figure to increase to 99% by the end of this year. In addition, the operator plans to complete the decommissioning of its 2G and 3G networks. Thus, Tele2 will focus on providing modern communication services based on 4G and 5G.^[1]

2014: TeliaSonera buys Norwegian Tele2 business

Telecommunication TeliaSonera holding buys business Tele2 in Norway. The value of the transaction is 5.1 billion Swedish crowns (about 744 million). dollars Business integration will increase TeliaSonera's mobile market share in Norway from 23% to 40%. The operator also expects the subscriber base to grow from 1.6 million to 2.7 million users, the report says.

In addition, the consolidation of the asset will speed up the process of deploying 4G networks. According to the company's plans, by 2016, 98% of the population will have access to fourth-generation networks. "The synergy from the transaction is estimated at at least 800 million Swedish crowns ($116.7 million) annually, starting in 2016," the company said.

As the parties expect, the Norwegian antitrust regulator will approve the deal no later than the first quarter of 2015.

Telecommunications company TeliaSonera was formed in 2002 as a result of the accession of Finnish Sonera to Swedish Telia. Together with its subsidiaries, TeliaSonera serves more than 185.8 million customers. The Swedish-Finnish company owns a 25.17% stake in the Russian Megafon.

Tele2's Norwegian business was formed in 1995. At the end of 2013, the company's revenue amounted to SEK 4.1 billion. The operator is served by about 1.2 million customers.

2013

Business in Russia sold to VTB

The Russian division of the Swedish company Tele2 was for some time the fourth largest mobile operator in Russia. Tele2 spent more than $2 billion on the construction of its Russian network. The company was sold to VTB in 2013.

Telenor acquires Tele2-owned fiber-optic cable network

Telenor Sweden (Telenor) announced in October 2013 the acquisition of a fiber optic cable network owned by Tele2 Sweden AB (Tele2). The deal is worth SEK 775 million. At the end of 2012, the acquired fiber optic business brought its owner SEK 530 million in revenue.

The deal includes a client portfolio that combines about 370 thousand households connected to the Internet using a fiber optic cable. Of these:

• 125 thousand households are regular users of the broadband network;
• 75 thousand households use the services of digital television broadcasting;
• 220 thousand households are connected to cable television networks.

All 68 employees serving the Tele2 Sweden fiber-optic cable network, according to the terms of the contract, will be transferred to the staff of Telenor Sweden.

2011:30 million subscribers in 11 European countries

As of March 2011, it serves 30 million subscribers in 11 countries. Europe Capitalization - 63.1 billion Swedish crowns $9.98 billion).

2010: More than half of subscribers in Russia, revenue $6.4 billion

Revenue for 2010 - 40.2 billion Swedish crowns ($6.4 billion). Net profit - 6.9 billion Swedish crowns ($1.07 billion).

The Russian division of Tele2 in 2010 made the largest contribution to the group's EBITDA indicator - 3.6 billion out of 10.28 billion crowns (35%). More than half of global Tele2 subscribers are in Russia.

2008: Revenue of $5.1 billion, 24 million subscribers in 11 European countries

The revenue of the entire Tele2 holding in 2008 amounted to 39.5 billion Swedish crowns (161.59 billion rubles at the average exchange rate of the Central Bank of Russia), $5.1 billion. Net profit - $222 million.

Tele2's subscriber base is more than 24 million people in 11 countries. Europe