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Tele2 AB ser. B (TEL2 B)
Open
87.26 SEK
Previous close
87.26 SEK
Trade high
88.28 SEK
Volume
1,601,324
Year high
109.70 SEK
Year low
75.10 SEK
Dividend yield
7.79%
Market capitalisation
60.82 bn SEK
P/E ratio
16.40
ISIN
SE0005190238
This share can be held in a Dealing accountISALifetime ISAJISASIPP
Share price
Company profile
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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