Tele2 AB: A Mixed Bag of Progress and Concerns

Tele2 AB, a Swedish telecommunication operator, has made some notable strides in expanding its 5G coverage, but it’s not all sunshine and rainbows. The company’s efforts have paid off in Latvia, where 5G coverage is now nearing 90%. However, this achievement is somewhat tempered by the fact that 130 of its existing sites have been modernized, a move that may not necessarily translate to improved services for customers.

Meanwhile, Danske Bank has taken a closer look at Tele2’s performance and has raised its target price to 140 kronor. But don’t get too excited just yet - the bank’s “hold” recommendation suggests that investors should be cautious about jumping into the market. The company’s annual trading report for 2024 has been published, providing a glimpse into its performance. But what does it really tell us?

• Revenue growth: 5% year-over-year
• Net profit: 10% increase from last year
• Customer base: steady growth, but at what cost?

The report highlights some positive trends, but it also raises concerns about the company’s ability to maintain its momentum. With the rise of new technologies and increasing competition in the market, Tele2 needs to stay ahead of the curve.

But there’s a more pressing issue that needs to be addressed: a new scam has been reported in Latvia, where fraudsters are using smart TVs to obtain personal data. This is a wake-up call for Tele2 and its customers, highlighting the need for greater security measures to protect against such threats.

• What measures is Tele2 taking to prevent such scams?
• How is the company ensuring that its customers’ data is secure?
• What’s being done to educate customers about the risks of such scams?

These are just a few of the questions that need to be answered. Tele2 AB may be making progress in expanding its 5G coverage, but it’s time for the company to take a closer look at its security measures and customer protection. Anything less would be a recipe for disaster.