Tele2 AB Ser. B

Tele2 was founded in 1993 and is a telecommunications operator based in Sweden that offers mobile and fixed connectivity solutions, telephony and data network services, TV streaming and global IoT solutions, and other products and services to millions of customers. In Sweden, Tele2’s 4G network covers more than 99 percent of the population, supporting full 4G speed with very low latency. Company products and services include mobile voice telephony, handset data services, messaging services such as SMS and MMS, handset insurance and antivirus, content services, local, national, regional and global connectivity solutions, and more. In recent years, the company focused on its core markets, which are Sweden and the Baltics. In Sweden, Tele2 merged with fixed connectivity provider Com Hem in 2018 and focused on providing bundles and offerings for both mobile and fixed connectivity, as well as TV. In the Baltics, the company is mainly focused on mobile connectivity. Tele2 has been listed on Nasdaq Stockholm since 1996. The company’s financial results for the third quarter of fiscal 2019 include revenue of SEK 6.9 billion. Diversify your portfolio and buy TEL2B.ST stocks.