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Tele2 AB (TEL2b.ST)

TEL2b.ST on Stockholm Stock Exchange

93.50SEK
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

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

Tele2 signs partnership agreement with Sisteer
Wednesday, 13 Apr 2016 02:05am EDT 

Tele2 AB:Tele2 IoT strengthens its presence in France.Says during the last couple of months, Tele2 IoT has recruited dedicated resources in France and signed a strategic partnership with Sisteer.Says Tele2 IoT expects the total number of connections in France to double within three years.  Full Article

Tele2 AB says issues SEK 500 million bond
Wednesday, 3 Feb 2016 02:30am EST 

Tele2 AB:Says issues a 500 million Swedish crown bond.Says the issue has a final maturity of 3 years with a floating rate coupon.Says the bond is issued under the Tele2 EMTN program and will not be listed.  Full Article

Tele2 AB buys Lithuania spectrum bands
Friday, 29 Jan 2016 01:30am EST 

Tele2 AB:Tele2 Lithuania secures vital 900/1800 mhz spectrum bands.Says ‍will pay 13.7 million euros for spectrum, with 20 percent of amount charged in 2016 and rest to be paid over 15 years​.  Full Article

Tele2 AB signs 800 million euro credit agreement
Wednesday, 13 Jan 2016 02:00am EST 

Tele2 AB:Signs credit facility agreement of 800 million euros.Says has entered into a 5+1+1 year revolving credit facility agreement of 800 million euros with a syndicate of 11 banks.The facility has a tenor of five years with two one-year extension options and it replaces the existing revolving credit facility dated May 2012.  Full Article

Tele2 AB partners with Hexaware to provide M2M/IoT solutions
Thursday, 12 Nov 2015 06:00am EST 

Tele2 AB:Tele2 partners with Hexaware to provide M2M/IoT solutions within asset finance and leasing.  Full Article

Tele2 to launch its 4G mobile propositions into the Dutch market
Wednesday, 11 Nov 2015 04:00am EST 

Tele2 AB:Announces the launch of its new 4G mobile propositions into the Dutch market starting Nov. 12.  Full Article

BRIEF-Management of merged Hutchison Drei Austria/Tele2 group not clear yet

* Hutchison Drei Austria CEO says cannot give a medium-term earnings, sales forecast of merged entity