Key Developments: Tele2 AB (TEL2b.ST)

TEL2b.ST on Stockholm Stock Exchange

80.30SEK
11 Jul 2014
Price Change (% chg)

0.20kr (+0.25%)
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80.10kr
Open
80.05kr
Day's High
80.30kr
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79.20kr
Volume
1,552,280
Avg. Vol
1,797,399
52-wk High
87.90kr
52-wk Low
68.75kr

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Latest Key Developments (Source: Significant Developments)

Tele2 AB sells Tele2 Norway to TeliaSonera for 5.1 billion Swedish crowns
Monday, 7 Jul 2014 01:00am EDT 

Tele2 AB:Says it has agreed to sell its Norwegian business Tele2 Norway to TeliaSonera for an Enterprise Value of 5.1 billion Swedish crowns, equivalent to a cash value of 5.3 billion Swedish crowns.The transaction follows Tele2's strategic review of its Norwegian business prompted by changes to the structure of the Norwegian market as a result of the license auction in Dec. 2013.Says the divestment will generate a capital gain of about 2 billion Swedish crowns upon expected closing.  Full Article

Tele2 AB and NetComm Wireless Limited announce M2M partnership
Thursday, 3 Jul 2014 02:00am EDT 

Tele2 AB and NetComm Wireless Limited:Enters into strategic partnership to create new Machine-to-Machine (M2M)/Internet of Things (IoT) opportunities for vertical markets.This is achieved by transforming asset management capabilities in areas such as industrial automation, security, smart cities and healthcare.Says alliance forms part of broader collaboration between M2M/IoT ecosystem partners selected by Tele2 and NetComm Wireless to provide end-to-end solutions easily applied to broad range of M2M/IoT applications across key industry sectors.  Full Article

Tele2 to Provide Vattenfall Group with Connectivity Solutions Across Europe
Wednesday, 18 Jun 2014 03:00am EDT 

Tele2 AB:Says Tele2 M2M Global Solutions will provide connectivity solutions to the Vattenfall Group, all its subsidiaries and ultimately their customers’ applications across Europe.The financial details were not disclosed.  Full Article

Tele2 AB signs 12 year lease with Klovern
Friday, 11 Apr 2014 02:31am EDT 

Tele2 AB:Signs 12-year lease with Klovern AB regarding office premises in Kista.Lease contract encompasses around 20,000 sq.m. and will involve new construction of some 27,000 sq.m.  Full Article

Tele2 AB announces details on FY 2013 dividend
Tuesday, 8 Apr 2014 02:00am EDT 

Tele2 AB:Says its board proposes a dividend of 4.40 Swedish crowns per share and that the record date for the dividend shall be on May 15.If the Annual General Meeting resolves in accordance with the proposal the dividend is estimated to be paid out to the shareholders on May 20.  Full Article

Tele2 appoints Allison Kirkby as new CFO
Thursday, 20 Mar 2014 03:00am EDT 

Tele2 AB:Appoints Allison Kirkby as its new Chief Financial Officer (CFO), effective as of May 1.Says she succeeds Lars Nilsson as CFO.  Full Article

Tele2 to provide CSL DualCom Ltd with connectivity solutions
Wednesday, 12 Mar 2014 03:05am EDT 

Tele2 AB:Says Tele2 M2M Global Solutions will provide connectivity solutions to CSL DualCom Ltd and its customers within security, healthcare and general M2M applications across Europe.Says the contract runs for three years.The financial details were not disclosed.  Full Article

Tele2 Estonia unit acquires 2.100 MHz spectrum
Tuesday, 11 Mar 2014 04:00am EDT 

Tele2 AB:Says Tele2 Estonia has acquired a second 2.100 MHz license from the operator PGH Raadiovork OU, and thereby doubles its 3G mobile internet capacity in many areas.The financial details of the transaction were not disclosed.  Full Article

Tele2 reviews options in Norway including selling Norwegian business-Reuters
Wednesday, 5 Mar 2014 04:31am EST 

Tele2 AB:Reviews options for the company's operations in Norway-Reuters.One of the options is selling the business, after it lost a December auction for a mobile spectrum key for the development of its Norwegian network.Hires investment bank ABG Sundal Collier to review the options.  Full Article

Tele2 issues FY 2014 outlook in line with analysts' estimates
Friday, 7 Feb 2014 01:00am EST 

Tele2 AB:Expects FY 2014 total revenue of about 30.0 billion Swedish crowns.Expects FY 2014 EBITDA of about 6.0 billion Swedish crowns.FY 2014 revenue 30,807 million Swedish crowns, EBITDA 6,358 million Swedish crowns - Thomson reuters I/B/E/S Estimates.  Full Article

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TeliaSonera to buy Tele2's Norway mobile business for $744 million

STOCKHOLM - Sweden's Tele2 has agreed to sell its Norwegian mobile telecoms business to rival TeliaSonera for 5.1 billion Swedish crowns ($744 million), in a deal that will test the resolve of competition regulators amid a wave of telecoms industry consolidation.

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