# Tele2

> multinational telecommunications company

**Wikidata**: [Q309865](https://www.wikidata.org/wiki/Q309865)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Tele2)  
**Source**: https://4ort.xyz/entity/tele2

## Summary
Tele2 is a multinational telecommunications company founded in 1993, specializing in mobile and fixed-line services. Headquartered in Stockholm, Sweden, it operates as a public company listed on the Nasdaq Stockholm exchange, offering a range of telecommunications solutions across Europe and beyond.

## Key Facts
- **Founded**: January 1, 1993
- **Headquarters**: Stockholm, Sweden
- **Legal Entity**: Tele2 Sverige AB
- **Public Company**: Listed on Nasdaq Stockholm (XSTO) since its IPO
- **Industries**: Telecommunications, mobile telephony, cable television
- **Key People**: Founded by Jan Stenbeck; owned by Xavier Niel
- **Subsidiaries**: Includes T2, a mobile service provider in Russia
- **Revenue**: €26.55 billion (2023)
- **Net Profit**: €7.23 billion (2023)
- **Employees**: 8,379 (2023)
- **Stock Exchange**: Nasdaq Stockholm (XSTO)
- **Website**: [https://www.tele2.com/](https://www.tele2.com/)
- **Aliases**: Tele 2, Tele2 Sverige Aktiebolag
- **Sitelink Count**: 34 (Wikidata)

## FAQs

**What is Tele2’s primary business model?**
Tele2 operates as a telecommunications provider, offering mobile and fixed-line services, including internet, television, and voice services. It serves both consumer and business customers across Europe and other regions.

**Where is Tele2 headquartered?**
Tele2’s headquarters is located in Stockholm, Sweden, at the address Tele2 House, Tele2gatan 1, 117 28 Stockholm.

**Who founded Tele2?**
Tele2 was founded by Swedish businessman Jan Stenbeck in 1993. The company was later acquired by French billionaire Xavier Niel in 2017.

**What services does Tele2 offer?**
Tele2 provides a range of telecommunications services, including mobile telephony, broadband internet, cable television, and business solutions. It operates through subsidiaries like T2 in Russia.

**How is Tele2 structured as a company?**
Tele2 is a public company listed on the Nasdaq Stockholm exchange under the ticker symbol XSTO. It is structured as a joint-stock company with shareholders and a board of directors overseeing its operations.

**What is Tele2’s revenue and financial performance?**
In 2023, Tele2 reported a revenue of €26.55 billion and a net profit of €7.23 billion. The company has a total asset value of €75.41 billion, reflecting its significant market presence.

**What is the role of T2 in Tele2’s operations?**
T2 is a subsidiary of Tele2, specializing in mobile services in Russia. Founded in 2001, it operates as a mobile service provider with a workforce of 8,000 employees, contributing to Tele2’s broader telecommunications services.

## Why It Matters
Tele2 plays a crucial role in the telecommunications industry by providing essential communication services to millions of customers across Europe and beyond. As a public company listed on Nasdaq Stockholm, it facilitates capital formation and investment, supporting economic growth through its infrastructure and services. The company’s expansion into mobile telephony and broadband internet has enhanced connectivity, enabling businesses and individuals to operate efficiently in a digital world. Tele2’s innovative approach to telecommunications, combined with its strategic partnerships and global presence, positions it as a key player in the modern communications landscape. Its commitment to technological advancements and customer-centric solutions underscores its significance in shaping the future of connectivity.

## Notable For
- **First Mobile Operator**: Pioneered mobile telephony services in Sweden, setting a precedent for the industry.
- **Public Listing**: One of the first telecommunications companies to go public on Nasdaq Stockholm, reflecting its market confidence and growth potential.
- **Global Expansion**: Operates in multiple countries, including Sweden, Russia, and other European regions, demonstrating its international reach.
- **Technological Innovation**: Invests in advanced telecommunications technologies to enhance service quality and customer experience.
- **Subsidiary Leadership**: T2, its Russian subsidiary, is a leading mobile service provider in the region, contributing to Tele2’s diversified portfolio.
- **Financial Performance**: Consistently reports strong revenue and profit figures, indicating its financial stability and market success.
- **Customer-Centric Approach**: Focuses on delivering reliable and affordable telecommunications services, catering to both consumer and business needs.

## Body

### Definition and Core Characteristics
Tele2 is a multinational telecommunications company that provides mobile and fixed-line services, including internet, television, and voice solutions. It operates as a public company listed on the Nasdaq Stockholm exchange, offering a range of telecommunications services to consumers and businesses. The company was founded in 1993 by Swedish businessman Jan Stenbeck and has since expanded its operations globally.

### History and Founding
Tele2 was founded on January 1, 1993, by Jan Stenbeck, a Swedish businessman. Initially, the company focused on mobile telephony services, becoming one of the first operators in Sweden. Over the years, it has evolved into a comprehensive telecommunications provider, offering a wide range of services. In 2017, the company was acquired by French billionaire Xavier Niel, who expanded its operations and market presence.

### Legal and Corporate Structure
Tele2 operates as a public company listed on the Nasdaq Stockholm exchange under the ticker symbol XSTO. It is structured as a joint-stock company, with shareholders and a board of directors overseeing its operations. The company’s legal entity is Tele2 Sverige AB, reflecting its Swedish origins and regulatory framework.

### Services and Products
Tele2 offers a variety of telecommunications services, including mobile telephony, broadband internet, cable television, and business solutions. Its services are designed to meet the needs of both consumers and businesses, providing reliable and affordable connectivity. The company operates through subsidiaries like T2, which specializes in mobile services in Russia.

### Financial Performance and Market Position
In 2023, Tele2 reported a revenue of €26.55 billion and a net profit of €7.23 billion, reflecting its strong financial performance. The company has a total asset value of €75.41 billion, indicating its significant market presence and investment in infrastructure. Its public listing on Nasdaq Stockholm allows it to raise capital and attract investors, supporting its growth and expansion.

### Global Presence and Subsidiaries
Tele2 operates in multiple countries, including Sweden, Russia, and other European regions. Its subsidiary T2 provides mobile services in Russia, contributing to the company’s diversified portfolio. The company’s global presence allows it to serve a broad customer base and adapt to regional market demands.

### Key People and Leadership
Jan Stenbeck founded Tele2 and played a pivotal role in its early development. Xavier Niel, a French billionaire, acquired the company in 2017 and expanded its operations and market reach. The company is led by a board of directors and management team, ensuring its strategic direction and financial stability.

### Technological Innovations and Customer Experience
Tele2 invests in advanced telecommunications technologies to enhance service quality and customer experience. Its focus on innovation ensures that it remains competitive in the rapidly evolving telecommunications industry. The company’s customer-centric approach aims to deliver reliable and affordable services, meeting the needs of both consumers and businesses.

### Regulatory and Compliance Framework
As a public company, Tele2 adheres to strict regulatory and compliance standards. It operates under the oversight of financial authorities and regulatory bodies, ensuring transparency and accountability. The company’s compliance with international standards reflects its commitment to ethical business practices and market integrity.

### Economic and Market Impact
Tele2’s operations contribute to economic growth by providing essential telecommunications services. Its investment in infrastructure and technological advancements supports connectivity and digital transformation. The company’s market presence and financial performance underscore its role as a key player in the telecommunications industry.

### Related Entities and Ecosystem
Tele2 is part of a broader telecommunications ecosystem, including mobile service providers, internet service providers, and cable television networks. Its relationships with regulatory bodies, investors, and customers ensure its smooth operation and continuous improvement. The company’s ecosystem includes subsidiaries like T2, which operates in the Russian market, and partnerships with other telecommunications providers.

### Digital and Media Presence
Tele2 maintains a strong digital and media presence, with a website and social media profiles that provide information and engage with customers. Its official website, [https://www.tele2.com/](https://www.tele2.com/), offers details on its services, products, and company updates. The company’s media presence reflects its commitment to transparency and customer communication.

### Future Outlook and Strategic Initiatives
Tele2 continues to innovate and expand its services, focusing on technological advancements and customer-centric solutions. Its strategic initiatives aim to enhance connectivity, support economic growth, and adapt to the evolving telecommunications landscape. The company’s future outlook is shaped by its commitment to innovation, regulatory compliance, and customer satisfaction.

## References

1. [Source](https://www.lobbyfacts.eu/datacard/tele2-sverige-ab?rid=87921819473-65)
2. Open ISNI for Organizations
3. Wayback Machine
4. Freebase Data Dumps. 2013
5. [Tele2 Annual Report 2020](https://www.tele2.com/files/globalassets/documents/reports/2020/Tele2-Q4-2020-Eng.pdf)
6. [Source](http://km.aifb.kit.edu/services/crunchbase/)
7. [Tele2 Annual Report 2021. Tele2. 2022](https://www.tele2.com/files/Main/3372/3495352/tele2---fy--q4-report-2021.pdf)
8. [Tele2 Annual Report 2022. Tele2. 2023](https://www.tele2.com/files/Main/3372/3705847/tele2-full-year-and-fourth-quarter-2022-results.pdf)
9. [Tele2 Annual Report 2023. Tele2. 2024](https://www.tele2.com/files/Main/3372/3917601/full-year-and-q4-report-2023.pdf)
10. [Tele2 Financial Statistics](https://finance.yahoo.com/quote/TEL2-B.ST)
11. Quora
12. [Source](https://apps.db.ripe.net/search/lookup.html?source=ripe&key=2a00:801:114::/48&type=inet6num)
13. [Source](https://www.tele2.com/files/Main/3372/3954298/annual-and-sustainability-report-2023.pdf)
14. [Source](https://www.tele2.com/files/Main/3372/4130047/tele2-annual-and-sustainability-report-2024.pdf)
15. [Source](https://golden.com/wiki/Tele2-8A5RBW)
16. [Working at Tele2 | Glassdoor](https://www.glassdoor.sg/Overview/Working-at-Tele2-EI_IE6691.11,16.htm?countryRedirect=true)
17. Name Suggestion Index
18. YouTube API
19. Wikirate