Tele2 AB ADR

(TLTZY)

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Profile

Tele2 is an alternative telecom carrier based in Sweden, which is its largest place of business. The company also operates in the Baltics, several European countries, and Kazakhstan. It is attempting a significant restructuring by merging its operations in the Netherlands with Deutsche Telekom's Dutch operations and acquiring Com Hem, the largest cable TV operator in Sweden. The first deal provides it with a 25% stake in the enlarged company and EUR 190 million in cash, and the second makes it a strong converged operator in its home market. Tele2 is primarily involved in wireless telecommunications, but also provides fixed-line telephone and broadband services in several countries. Tele2's objective is always to offer the best deal in each country in which it operates.

Contact Information

Website: www.tele2.com
Email: investor.relations@tele2.com
Main Phone: +46 856200060
Address: Skeppsbron 18
Address 2: P.O. Box 2094
City / Town: Stockholm
Country: SWE
Postal Code: 103 13

Issuer Information

Exchange: OTO
Employees: 5670
NAICS: Wired Telecommunications Carriers(517110)
$ 6.27 $ 0. (0.00%)
Last Price 6.27 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 6.27
Last Trade Volume 0 52 Wk Hi 6.53 52 Wk Low 5.65
Market Cap 6.3 bi Ex-Div Date Div Rate 0.22 Yield 3.5740
Shares 1,005,511,106.00 EPS (TTM) 0.04 PE Ratio 170.50 Exchange OTCPK