Meet our company

Communication is a fundamental element in our society and plays an important role in people’s lives all over the world. Communication is the core of Tele2’s operations and our Mission is to offer our customers the Best Deal at all times. In order to fulfill our mission, it is essential for Tele2 to build sound, sustainable external relationships.

Open communication and good internal control systems create a sustainable corporate culture which embraces business ethics, lowers costs and improves business opportunities. Besides social and economic benefits, Tele2’s services offer possibilities to reduce the environmental impact. Individuals, organisations and companies can use resources more efficiently as many physical products and travels can be replaced.

With operations in eleven countries, over six thousand employees, 31 million customers and net sales in excess of SEK 40 billion. Tele2 is one of Europe's leading telecom operators. Tele2’s direct economic value generated and distributed is stated in the table to the right. The purpose of the table is to show the flow of capital among stakeholders, the major economic impacts of Tele2 throughout society and the contribution to sustainability in economic systems. The total assets of Tele2 is SEK 40,369 million, with equity at SEK 28,875 million and liabilities at SEK 11,494 million. Tele2 provides residential and business customers with products and services in mobile telephony, complemented in some countries with fixed telephony, fixed broadband, cable TV and content services. Mobile communication is the primary focus area and the most important growth segment.  

Tele2 currently has operations in Sweden, Norway, Estonia, Latvia, Lithuania, Croatia, Kazakhstan, Netherlands, Germany, Austria and Russia. Tele2 has expanded its operation to Eurasia and on March 17th, 2010 Tele2 acquired 51 percent of Kazakhstan’s third biggest mobile operator, NEO, with an option to buy the remaining 49 percent from December 14th 2014. The other shareholder, Asianet Holding B.V. has the option to sell its shares to Tele2 from December 14th 2011.

Tele2 has both wholly-owned sites and sites shared with other mobile operators. The sites are primarily built on existing structures, but stand-alone sites are also common especially in emerging markets. All Tele2´s sites are presented in the table on the next page.

Tele2 AB has been listed on the NASDAQ OMX Nordic Exchange since 1996 and the company headquarters are located in Stockholm, Sweden. The fifteen largest shareholders at December 31, held shares corresponding to 57 percent of the capital and 67 percent of the voting rights, of which Investment AB Kinnevik owns 30 percent of the capital and 47 percent of the voting rights. No other shareholder owns, directly or indirectly, more than ten percent of the shares in Tele2.

Direct economic value generated and distributed

Direct economic value generated	2010	2009
SEK million
Revenues	40,348	40,780
Economic value distributed
Operating costs	–26,164	–28,316
Employee wages and benefits	–3,402	–3,113
Payments to providers of capital	–2,936	–2,746
Payments to government	4,703	4,221
Community investments	7	10
Economic value retained	12,557	10,835

Tele2 Markets

Tele2 Norway Number of customers 600,000 Net sales, SEK 3,016 million   Tele2 Sweden Number of customers 4,744,000 Net sales, SEK 11,881 million	Tele2 Netherlands Number of customers 1,081,000 Net sales, SEK 5,838 million   Tele2 Germany Number of customers 1,298,000 Net sales, SEK 1,515 million   Tele2 Austria Number of customers 415,000 Net sales, SEK 1,580 million
Tele2 Russia Number of customers 18,438,000 Net sales, SEK 10,142 million   Tele2 Croatia Number of customers 738,000 Net sales, SEK 1,346 million	Tele2 Lithuania Number of customers 1,731,000 Net sales, SEK 1,319 million   Tele2 Estonia Number of customers 479,000 Net sales, SEK 880 million   Tele2 Latvia Number of customers 1,027,000 Net sales, SEK 1,261 million   NEO (Kazakhstan) Number of customers 332,000 Net sales, SEK 119 million

 

Number and percentage of stand-alone sites, shared sites, and sites on existing structures

	STAND ALONE SITES		SHARED SITES		SITES ON EXISTING STRUCTURES
	Number	Percentage	Number	Percentage	Number	Percentage
Netherlands	116	7.0	3	0.2	1,527	92.8
Austria	49	14.2	0	0.0	295	85.8
Germany	0	0.0	300	87.7	42	12.3
Russia	1,800	22.7	0	0.0	6,120	77.3
Lithuania	187	25.4	89	12.1	460	62.5
Norway	3	17.6	0	0.0	14	82.4
Croatia	112	15.0	202	27.0	435	58.1
Estonia	193	28.7	84	12.5	396	58.9
Sweden	1,014	17.2	2,668	45.2	2,223	37.6
Latvia	289	41.9	98	14.2	303	43.9