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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Tele2 AB    TEL2 B   SE0005190238

TELE2 AB

(TEL2 B)
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Tele2 Secures Frequencies in Swedish Spectrum Auction

01/19/2021 | 12:12pm EST

By Adriano Marchese

Tele2 AB said Tuesday that it has secured 100 megahertz in the 3.5 gigahertz spectrum auction in Sweden with partner company Telenor Sweden.

The Sweden-based telecoms company said that, combined with the frequencies already won in the 700 megahertz auction of 2018, it will be possible to begin a nationwide rollout of 5G and make significant upgrades to its existing 4G network.

The rollout will be primarily conducted through the two companies' joint company, Net4Mobility.

Tele2 also said it has finalized its vendor procurement and has chosen Nokia Corp. and Ericsson AB as partners in the rollout of the joint 5G radio-access network.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

01-19-21 1211ET

Stocks mentioned in the article
ChangeLast1st jan.
ERICSSON AB -0.71% 105.4 Delayed Quote.7.95%
NOKIA OYJ -4.01% 3.3 Delayed Quote.4.73%
TELE2 AB -0.09% 106.55 Delayed Quote.-1.89%
TELENOR ASA -1.06% 140.15 Real-time Quote.-3.94%
All news about TELE2 AB
02/25TELE2 : IoT launches Private Interconnect in partnership with Equinix
AQ
02/17Sweden's Kinnevik to distribute $6.6 bln Zalando stake to shareholders
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02/02GLOBAL MARKETS LIVE: BioNTech, Apple, Ford…
02/02TELE2 : to Ramp Up Cost Savings as Pandemic Keeps Lid on Roaming
DJ
02/02TELE2 : Rapport (EN)
PU
02/02TELE2 : Full year and fourth quarter 2020 report
AQ
01/21TELE2 : upgrades 5G services in 30 Swedish locations to real 5G with speeds of o..
AQ
01/21TELE2 : launches new sustainability strategy to lead in sustainability
AQ
01/20Tele2 and Telenor win Swedish 5G frequencies and choose Ericsson and Nokia as..
AQ
01/20Sweden operators get ready for mass 5G cover after spectrum auctions
RE
More news
Financials
Sales 2020 26 967 M 3 198 M 3 198 M
Net income 2020 3 979 M 472 M 472 M
Net Debt 2020 27 951 M 3 315 M 3 315 M
P/E ratio 2020 18,5x
Yield 2020 7,32%
Capitalization 73 603 M 8 742 M 8 729 M
EV / Sales 2020 3,77x
EV / Sales 2021 3,82x
Nbr of Employees 4 695
Free-Float 72,4%
Chart TELE2 AB
Duration : Period :
Tele2 AB Technical Analysis Chart | TEL2 B | SE0005190238 | MarketScreener
Technical analysis trends TELE2 AB
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 137,50 SEK
Last Close Price 106,55 SEK
Spread / Highest target 50,2%
Spread / Average Target 29,0%
Spread / Lowest Target 0,42%
EPS Revisions
Managers and Directors
NameTitle
Kjell Morten Johnsen President & Chief Executive Officer
Mikael Larsson Group CFO & Executive Vice President
Carla M. S. Smits-Nusteling Chairman
Kim Hagberg Chief Operating Officer & Executive Vice President
Georgi Martin Ganev Director
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