Tele2
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| Tele2 AB | |
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| Type | Public (OMX: TEL2 B) |
| Founded | 1993 |
| Headquarters | Stockholm, Sweden |
| Key people | Vigo Carlund (Chairman of the board), Lars-Johan Jarnheimer (President and CEO) |
| Industry | Telecommunications |
| Products | Mobile and fixed-line telephony, cable TV and internet services |
| Revenue | SEK 43,420 million (2007)[1] |
| Profit | ▼ (SEK 302 million) (2007)[1] |
| Employees | 5,860 (2007)[1] |
| Website | www.tele2.com |
Tele2 AB is one of Europe's biggest telecommunications operators with about 25 million customers in 15 countries. It serves as a fixed-line telephone operator, cable television provider, mobile phone operator, internet service provider.
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[edit] Overview
Tele2 started as a telecommunications company in Sweden in the late 1970s by the company Industriförvaltnings AB Kinnevik. In 1981, a mobile phone provider called Comvik started as an alternative mobile phone operator to Telia. The cable television provider Kabelvision AB started in 1986. Comvik changed it name to become Comviq when the company got a GSM license in 1988 and started operating in 1992.
In 1991, Industriförvaltnings AB Kinnevik started Tele2 as Sweden's first ISP and in 1997 with telephone liberalisation in Sweden, Tele2 started to offer international calls.
The three companies of Comviq, Kabelvision, and Tele2 came together as the Tele2 brand on fixed-line services and Comviq on mobile services in Sweden in 1997. International growth came in the form of acquisitions in Estonia, Latvia, Russia & France. Today it serves as a major telephone company in the Nordic and Baltic nations, together as an alternative provider in many others.
Tele2 operates in Austria, Croatia, Estonia, France, Germany, Latvia, Liechtenstein, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Romania, Russia, Sweden, Switzerland.
Tele2's most recent development has been to realign its geographic footprint towards Eastern Europe and the Nordic region focusing on own infrastructure based operations which provide higher growth options and better margins for the future.
[edit] Criticism
During its operation in the United Kingdom, Tele2 was criticised for using the practice of telephone slamming (changing consumer's residential phone line over to a new provider without their consent). [2]
[edit] See also
[edit] References
[edit] External links
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