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 Apr 30, 2026, the latest employee count at Tele2 is 5235.

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 62nd amongst 3612 active competitors, of which 51 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was AT&T, which secured $42.3M in Feb, 2024.

Who are the top competitors of Tele2?

Tele2's top competitors include T-Mobile, MTN and Verizon. Among them, AT&T secured the most recent funding round in February, 2024.

Tele2 - 2026 Company Profile, Team, Funding & Competitors

Tele2 is a public company based in Stockholm (Sweden), founded in 1993. It operates as a Provider of telephony, data network, and IoT services. Tele2 has raised an undisclosed amount in funding. The company has 3612 active competitors, including 51 funded and 567 that have exited. Its top competitors include companies like T-Mobile, MTN and Verizon.

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
Social
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

NIB & 2 more

Ranked

62^nd among 3612 active competitors

Employee Count

5,235 as on Apr 30, 2026

Investment & Acquisitions

Com Hem AB & 9 more

Similar Companies

T-Mobile & 4081 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	Documents
Tele2 Holdings CIN: 40003512063 , Latvia, Deadpooled	Oct 03, 2000	$17.2M (As on Dec 31, 2016)	1 (As on Dec 31, 2016)	-
Tele2 CIN: 40003272854 , Latvia, Active	Nov 15, 1995	$196M (As on Dec 31, 2024)	334 (As on Dec 31, 2023)	-

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	2200408	Venture Debt	6984639	2870847	6907213	2141484
Jun 03, 2016	3429914	Venture Debt	7182930	7863137	1841943	NIB
Feb 03, 2016	4144734	Post IPO	1544217	9542590	2635015	3769475

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View details of Tele2's funding rounds and investors

Tele2's employee count trend

Tele2 has 5,235 employees as of Apr 26. Here is Tele2's employee count trend over the years:

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Top competitors of Tele2 include T-Mobile, MTN and Verizon. 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), Acquired	Provider of mobile telecommunication services	-	Alcor Fund, Credit Agricole CIB & 16 others	84/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Saints Capital, Emergent Capital Partners ... & 38 others	81/100
3rd	Verizon 1983, New York City (United States), Public	Provider of mobile and internet services for home & business	-	Gibson Wealth Advisors, The Kessler Group ... & 16 others	81/100
4th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	80/100
5th	Telia Company 1853, Solna (Sweden), Acquired	Provider of integrated telecom and TV services	-	Norvestia, Europa	80/100
6th	Zain Group 1983, Kuwait City (Kuwait), Public	Telecom services provider	-	IFC, Arab Bank & 2 others	79/100
7th	AT&T 1876, Dallas (United States), Public	Provider of mobile internet, TV, and other services	-	J.L. Bainbridge & Company, Elliott Management ... & 12 others	78/100
8th	Proximus Group 1994, Brussels (Belgium), Public	Provider of telephony, internet, television and network-based ICT services	-	Expon Capital & 3 others	77/100
9th	SK Telecom 1984, Seoul (South Korea), Public	Provider of integrated telecommunication services	-	Deutsche Bank, Barclays & 4 others	77/100
10th	Deutsche Telekom 1995, Bonn (Germany), Public	Provider of telecommunication services	-	World Capital Holdings Group, Triodos Investment Management ... & 1 others	77/100
62nd	Tele2 1993, Stockholm (Sweden), Public	Provider of telephony, data network, and IoT services	-	NIB, Kinnevik & 1 others	69/100

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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)