Tele2 AB

There is little chance of a merger that would cut the number of mobile operators in Sweden from four to three, according to market leader Telia's <TELIA.ST> new CEO Allison Kirkby, who did a similar deal in the Netherlands in an earlier job.

Nordic telecom operator Telia Company on Wednesday reported quarterly core earnings ahead of market expectations aided by cost savings, and upped its forecasts for the full year.

Swedish telecoms operator Tele2 AB said on Monday Chief Executive Officer Anders Nilsson will step down and named Kjell Morten Johnsen as his replacement.

Swedish telecoms operator Tele2 AB said on Monday Chief Executive Officer Anders Nilsson will step down and named Kjell Morten Johnsen as his replacement.

Telecom operator Tele2 <TEL2b.ST> on Tuesday withdrew its financial guidance for 2020 and put plans for a special dividend payout to shareholders on hold due to the global coronavirus pandemic, sending its shares down 7%.

Swedish telecoms operator Tele2 reported quarterly core earnings slightly below market forecasts on Tuesday and suspended its financial guidance for 2020, citing uncertainty related to the COVID-19 pandemic.

* VTB aims for 2020 net profit of 220-230 bln roubles (Adds detail, analyst comment)

Russian state lender VTB <VTBR.MM> has finalised the sale of a 55% stake in mobile phone operator Tele2 Russia to state telecoms group Rostelecom <RTKM.MM>, the companies said on Wednesday.

Swedish telecoms operator Tele2 <TEL2b.ST> reported quarterly core earnings above market forecasts on Monday and proposed a higher ordinary dividend and a special dividend to be paid out for 2019.

Russia's VTB Bank <VTBR.MM> expects to receive about 17% of Rostelecom <RTKM.MM> as part of a deal to sell its stake in Tele2 Russia to the state-controlled telecoms group, VTB Chief Executive Andrey Kostin said on Wednesday.

Sweden launched an inquiry on Friday into a national network outage at telecoms company Tele2 <TEL2b.ST> in June that knocked out voice calls for a many private customers and companies for several hours.

Swedish telecoms group Tele2 has begun an audit of its mobile network, the company said on Monday, aiming to prevent a repeat of outages that have plagued its services over the past year.

The rollout of 5G services across Europe has being slowed by U.S. sanctions against Huawei and as European governments review the impact of using Chinese equipment, the head of Swedish telecoms group Tele2 said.

Balkan telecoms and media company United Group B.V. on Friday acquired Croatian telecoms operator Tele2 Croatia for 220 million euros ($245.70 million), including debt, expanding its presence in south-eastern Europe.

Telecom operator Tele2 said on Thursday it has agreed with Kazakhtelecom to sell its share in their joint venture to its partner so it can focus on Nordic and Baltic markets.

Telecom operator Tele2 has agreed with Kazakhtelecom on the price for its equity share from the joint venture between the two companies in Kazakhstan, it said on Thursday.

Swedish telecom operator Tele2 posted on Wednesday a quarterly core profit above expectations and said it was on track to reach its full-year guidance.

Russian state bank VTB plans to take a final decision on selling its entire stake in Russia's No.4 mobile phone operator Tele2 to Rostelecom within a month, VTB CEO Andrei Kostin said on Thursday.

Swedish telecom operator Tele2 raised on Wednesday its synergy estimate from the merger with cable TV company Com Hem and posted a core profit in line with expectations.