When was Tele2 founded?

Tele2 was founded in 1993 and raised its 1st funding round 19 years after it was founded.

Where is Tele2 located?

Tele2 is headquartered in Stockholm, Sweden. It is registered at Rīga, Dēļu iela 5.

Which legal entities is Tele2 associated with?

Tele2 is associated with Tele2 and 1 other.

How many employees does Tele2 have?

As of Sep 30, 2026, the latest employee count at Tele2 is 5258.

Is Tele2 a funded company?

Tele2 is a funded company, having raised an undisclosed amount across 7 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Sep 21, 2012.

When was the latest funding round of Tele2?

Tele2's latest funding was a $***** Venture Debt round on Oct 11, 2016, with participation from 1 investor.

Where does Tele2 rank among its competitors?

Tele2 ranks 49th amongst 3693 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SK Telecom, which secured $2.2B in Aug, 2026.

Who are the top competitors of Tele2?

Tele2's top competitors include T-Mobile, MTN and AT&T. Among them, SK Telecom secured the most recent funding round in August, 2026.

Tele2 - 2026 Company Profile, Team, Funding & Competitors

Tele2 is a public company based in Stockholm (Sweden), founded in 1993 by Jean-Louis Constanza. It operates as a Provider of telephony, data network, and IoT services. Tele2 has raised an undisclosed amount in funding. The company has 3693 active competitors, including 52 funded and 577 that have exited. Its top competitors include companies like T-Mobile, MTN and AT&T.

Company Details

Tele2 provides various telecom services across Europe including mobile voice/data, mobile broadband, B2B services (telephony, broadband, VPN), IoT (connectivity, APN/VPN, sim cards), and fixed broadband. It sold its fiber and cable business serving consumer market to Telenor for SEK 775M in 2013. In 2020, the company recorded annual revenues of $2.9 B and a net profit of $797.7 M

Website: tele2.com
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Registered Address: Rīga, Dēļu iela 5

Key Metrics

Founded Year

1993

Location

Stockholm, Sweden

Stage

Public

Latest Funding Round

Venture Debt, Oct 11, 2016, $*****

Investors

Kinnevik & 2 more

Ranked

49^th among 3693 active competitors

Employee Count

5,258 as on Sep 30, 2026

Investment & Acquisitions

Com Hem AB & 9 more

Similar Companies

T-Mobile & 4162 more

Exit Details

Public

View Tele2's full profile

Tele2 is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Tele2 CIN: 40003272854 , Latvia, Active	Nov 15, 1995	€100M - €500M (As on Dec 31, 2024)	334 (As on Dec 31, 2023)	-
Tele2 Holdings CIN: 40003512063 , Latvia, Deadpooled	Oct 03, 2000	€10M - €50M (As on Dec 31, 2016)	1 (As on Dec 31, 2016)	-

Tele2 got listed on May 01, 1996.

Click here to take a look at Tele2's IPO in detail

Tele2 has raised funding over 7 rounds. Its first funding round was on Sep 21, 2012. Its latest funding round was a Venture Debt round on Oct 11, 2016 for $*****. 1 investor participated in its latest round. Tele2 has 3 institutional investors.

Here is the list of recent funding rounds of Tele2:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 11, 2016	7065829	Venture Debt	9376937	1128684	7390067	5747764
Jun 03, 2016	1279856	Venture Debt	9582830	1060618	5800917	NIB
Feb 03, 2016	1410988	Post IPO	5909206	7693814	8908899	3410964

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View details of Tele2's funding rounds and investors

The founders of Tele2 is Jean-Louis Constanza.

Here are the details of Tele2's key team members:

Jean-Louis Constanza: Founder And Group Vp, Tele2 Southern Europe of Tele2 and founder of 1 other company.
Allison Kirkby: CEO of Tele2.

View details of Tele2's Founder profiles and Board Members

Tele2's employee count trend

Tele2 has 5,258 employees as of Sep 26. Here is Tele2's employee count trend over the years:

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Top competitors of Tele2 include T-Mobile, MTN and AT&T. Here is the list of Top 10 competitors of Tele2, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Public	Provider of mobile telecommunication services	-	Alcor Fund, Commerzbank & 16 others	82/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Barclays Bank of Uganda, KCB Group & 38 others	81/100
3rd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	J.L. Bainbridge & Company, Elliott Management ... & 13 others	79/100
4th	SK Telecom 1984, South Korea, Public	Provider of integrated telecommunication services	-	UBS, HSBC & 5 others	78/100
5th	SoftBank 1986, Tokyo (Japan), Series A	Company that offers mobile phones, internet, and clean energy services	$8.99M	Yahoo Japan, Red Badge Management	78/100
6th	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 17 others	78/100
7th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
8th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	77/100
9th	Telus 1990, Vancouver (Canada), Public	Integrated telecom and IPTV services provider	-	CIBC, RBC Capital Markets & 2 others	77/100
10th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 12 others	77/100
49th	Tele2 1993, Stockholm (Sweden), Public	Provider of telephony, data network, and IoT services	-	Kinnevik, NIB & 1 others	65/100

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Tele2 has not made any investments yet. Tele2 has made 10 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 10, 2018	Acquisition	Com Hem AB	1983	Stockholm (Sweden)
Aug 23, 2016	Acquisition	Kombridge	2010	Gothenburg (Sweden)
Jun 21, 2016	Acquisition	TDC Sverige	1993	Sollentuna (Sweden)