Tele2, also known as Tele2 AB (publ), is a publicly owned company headquartered in Sweden. Founded in 1996, it operates with approximately 5,390 employees and functions as a tier 1 media tech buyer. The company specializes as a Swedish telecommunications operator.
On July 9, 2026, Tele2 secured new spectrum licenses to expand its 5G connectivity across Lithuania. These new frequency allocations will enable future targeted network expansion, building on its existing 4G network, which covers 99.9 percent of Lithuania with over 1600 base stations, and its 5G network, which already reaches 90.2 percent of the Lithuanian population. Previously, on July 8, 2026, Kepler upgraded Tele2, citing the company's cash flow strength and consolidation upside.
Tele2 offers 8 products in the media and telecoms services industry. Tele2's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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