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Tele2 AB (TEL2a.ST)

TEL2a.ST on Stockholm Stock Exchange

82.30SEK
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Tele2 says wins regulatory approval for its TDC acquisition
Friday, 7 Oct 2016 08:37am EDT 

Tele2 AB : Says receives clearance to acquire TDC Sweden .Says will now work towards closing transaction by end of month.  Full Article

Tele2 says COO Niklas Sonkin to leave company
Wednesday, 31 Aug 2016 12:02am EDT 

Tele2 Ab : Niklas Sonkin, COO, to leave Tele2 . Says Fredrik Stenberg, currently Director of Customer Operations and member of the Shared Operations Leadership Team, will assume the position as acting COO. Further company coverage: [TEL2b.ST] (Reporting By Simon Johnson) ((simon.c.johnson@thomsonreuters.com;)).  Full Article

Tele2 acquires Kombridge, boosting security services
Tuesday, 23 Aug 2016 02:00am EDT 

Tele2 Ab :Tele2 IOT acquires Kombridge and strengthens its position within security services.  Full Article

Nokia wins order from Tele2
Monday, 25 Jul 2016 05:00am EDT 

Nokia Corp : Says to provide Tele2 with cloud packet core solution across entire Tele2 group network to deliver mobile broadband, further prepare for 5g .Says will provide Tele2 with Nokia's cloud packet core solution in Croatia, followed by Sweden, Baltic states, Austria, Netherlands and Kazakhstan.  Full Article

Tele2 CEO eyes 2-3 percent underlying mobile growth in Sweden, but gives no timing
Thursday, 21 Jul 2016 02:00am EDT 

Tele2 Ab : CEO says should be able to get back to 2-3 pct underlying mobile growth in Sweden, gives no forecast for when Further company coverage: [TEL2b.ST] (Reporting By Olof Swahnberg and Sven Nordenstam) ((Olof.Swahnberg@thomsonreuters.com;)).  Full Article

Tele2 Q2 EBITDA just below expectations, repeats 2016 guidance
Thursday, 21 Jul 2016 01:00am EDT 

Tele2 : Net sales in Q2 amounted to SEK 6,668 (6,611) mln and EBITDA amounted to SEK 1,087 (1,393) mln . Says EBITDA was primarily impacted by costs associated to the commercial push in the Netherlands following the 4G LTE network launch, Sweden non-recurring items and mobile marketing investments as well as declines in our fixed operations . 2016 financial guidance is unchanged .Reuters poll: Tele2 Q2 EBITDA was seen at 1,108 mln SEK, sales at 6,577 mlnConsensus figures: [ID:nL8N1A43GY].  Full Article

Tele2 to acquire TDC Sweden in deal worth 2.9 bln SEK
Tuesday, 21 Jun 2016 01:00am EDT 

Tele2 AB : Says will acquire TDC Sweden at an enterprise value of SEK 2.9 billion . Says in conjunction with transaction, Tele2 proposes to undertake an equity issue with preferential rights to existing shareholders to a total amount of approximately SEK3 billion . Tele2 estimates annualized run rate opex and capex synergies to amount to approximately SEK 300 million, with additional one-off capex synergies estimated to amount to sek 200 million . Says positive effects of cross-selling are also expected. . Says preliminary estimates for integration costs and other one-off costs required to achieve synergies amount to approximately SEK 750 million . Says transaction is not conditional on equity financing, as tele2 has available funds and existing credit facilities in place to finance transaction .TDC Sweden had net sales in 2015 of SEK 3.4 billion and an EBITDA of SEK 0.4 billion.  Full Article

TDC divests its Swedish subsidiary to Tele2 Sverige
Tuesday, 21 Jun 2016 01:00am EDT 

Tdc A/S : Has entered into agreement to divest TDC Sverige AB to Tele2 Sverige AB for cash consideration of 2.9 billion Swedish crowns ($352.3 million) on a cash and debt free basis . Closing of transaction is expected in Q4 2016 . Divestment is estimated to result in a gain of about 0.8 billion Danish crowns ($122 million) after tax . Tdc sverige ab is classified as 'discontinued operations' in TDC's consolidated financial statements effective from Q2 2016 . Divestment changes TDC's guidance for 2016 for EBITDA and EFCF, whereas guidance for DPS is unchanged . Updated 2016 guidance: EBITDA about 8.4 billion Danish crowns .Updated 2016 guidance: EFCF about 1.7 billion crowns.  Full Article

Tele2 and Wifog sign cooperation agreement
Friday, 10 Jun 2016 02:14am EDT 

Wifog Holding AB :Tele2 and Wifog sign cooperation agreement.  Full Article

Tele2 confirms FY 2016 guidance
Thursday, 21 Apr 2016 01:00am EDT 

Tele2 AB:Confirms FY 2016 guidance.Sees mobile end-user service revenue growth of mid-single digits.Sees FY 2016 net sales of between 26 billion and 27 billion Swedish crowns.Sees FY 2016 EBITDA of between 4.6 billion and 5.0 billion crowns.Sees CAPEX level in FY 2016 to be of between 3.7 billion and 4.1 billion crowns.FY 2016 revenue 26.73 billion crowns, EBITDA 4.87 billion crowns-Thomson Reuters I/B/E/S.  Full Article

BRIEF-Tele2 says to receive SEK 2,958 mln in rights issue before costs

* Tele2 will receive approximately SEK 2,958 million through the Rights Issue before transaction costs