Information About

Tele2




  Company Logo
  Company Type Public
  Foundation 1993
  Location Stockholm , Sweden
  Key People Vigo Carlund<br>( Chairman Of The Board )<br>Lars-Johan Jarnheimer<br>(President and CEO )
  Industry Telecommunications
  Products Mobile and fixed-line telephony, cable TV and internet services
  Revenue 54,631 Million SEK ( 2006 )
  Num Employees 5,280
  Company Slogan ''Why Pay More''
  Homepage wwwtele2com


Tele2 AB is one of Europe's biggest alternative Telecommunications Operator s with over 30 million customers in 22 countries. It serves as a Fixed-line telephone operator, Cable Television provider, Mobile Phone Operator , Internet Service Provider and a content provider.

Tele2 started as a telecommunications company in Sweden in the late 1970s by the company Industriförvaltnings AB Kinnevik . In 1981, a mobile phone provider called ''Comvik'' started as an alternative mobile phone operator to Telia . The cable television provider ''Kabelvision AB'' started in 1986. Comvik changed it name to become Comviq when the company got a GSM license in 1988 and started operating in 1992.

In 1991, Industriförvaltnings AB Kinnevik started ''Tele2'' as Sweden 's first ISP and in 1997 with telephone liberalisation in Sweden, Tele2 started to offer international calls.


The three companies of Comviq, Kabelvision, and Tele2 came together as the ''Tele2'' brand on fixed-line services and ''Comviq'' on mobile services in Sweden in 1997. International growth came in the form of acquisitions in Estonia , Latvia , Russia & France . Today it serves as a major telephone company in the Nordic and Baltic nations, together as an alternative provider in many others.

Tele2 operates in Sweden , Norway , Denmark , Croatia , Estonia , Latvia , Lithuania , Russia , Germany , Austria , Poland , Czech Republic , Hungary , France , Italy , Spain , Switzerland , Portugal , The Netherlands , Luxembourg , Liechtenstein & Belgium .

Its most recent developments has been the broadcast and Internet television company Tango TV (T.TV) in Luxembourg, and 2G and 3G mobile operations in Croatia , which are scheduled for autumn 2005 for 2G and spring 2006 for 3G.

In August 2005, Tele2 left the Finnish market, because they felt there was no growth in Finland. One of reasons was the local telephone companies such as Elisa , which has a monopolistic control over local calls.

On the 19th December 2005 , Tele2 sold its British and Irish operations to the Carphone Warehouse Group for GBP 8.7 million, because it felt that it wasn't making progress in the market of those countries. This sale coincided with the sale of a large competitor, One.Tel (previously owned by British Gas parent company Centrica and not to be confused with the Australian One.Tel ), also to the Carphone Warehouse Group.

In October 2006 pressure from the IFPI resulted in Tele2 blocking the website AllOfMP3.

On 28th June 2007 , Tele 2 sold its Portuguese operations, including the rights of the 'Tele2' brand, to Sonaecom . The sale is pending aprovement by the competent authorities. Sonaecom had already acquired ONI Telecom , thus making itself the second largest telephone operator, only behind Portugal Telecom .

Also in June 2007 Tele2 has sold Tele2 Hungary to Hungarian Telephone and Cable Corp (HTCC), for 40 mln skr on a debt and cash free basis, with the sale having a positive one time effect on Tele2's results of approximately 20 mln skr. Tele2 said the divestment was done in order to continue to concentrate its operations in markets where it has a stronger position and expectations of higher profitability. At the end of May 2007, Tele2 Hungary had approximately 490,000 fixed telephony customers, and in 2006 Tele2 Hungary had sales of 374 mln skr and EBITDA of minus 31 mln.



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