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.
Tele2 AB issued and immediately repurchased 1.5 million new class C shares at SEK 1.25 per share on March 18, 2026. This move aligns with the company's retention and performance-based incentive programs for its senior executives and key employees. Previously, on March 17, Tele2 Sweden won a five-year managed IT services contract from veterinary insurer Sveland Djurfoersaekringar following a procurement round. The agreement will bring the insurer's information technology under a common service level agreement, aiding its compliance with EU DORA regulations on digital resilience in the financial sector, though the contract value remains undisclosed. This follows New Street Research's downgrade of Tele2 on March 11, changing its rating to neutral from buy and setting a price target of 170 crowns.
Tele2 offers 8 products in the media and telecoms services industry. Tele2's product portfolio comprises of consumer electronics, media and TV services and telecoms.
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