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    TEL2 B   SE0005190238

TELE2 AB

(TEL2 B)
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Delayed Nasdaq Stockholm  -  11:29 2022-06-23 am EDT
114.10 SEK   -1.08%
06/02Tele2 Teams Up With Finland's Haltian to Offer Workspace Optimization Services
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06/02TELE2 : in Partnership with Haltian Services, Supporting Smart Buildings
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06/01TELE2 : launches new streaming packages
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Tele2 AB Delivers 5G Private Network to X Shore's Factory in Nyk÷ping, Sweden

05/18/2022 | 06:00am EDT

Tele2 AB (publ) signed agreement with X Shore to build a private 5G network in their newly built factory in Nyköping, Sweden. By having its own 5G network, X Shore will become more flexible and efficient in its production of the electric boats of the future. Digitalization across industries is increasing and with this also comes the need for stable connectivity. In Nyköping, Sweden, X Shore is establishing a new facility with the ambition of becoming the world's most sustainable boat factory, with the capacity to produce over 400 electric boats a year. Now Tele2 and X Shore have signed an agreement which entails Tele2 delivering digital infrastructure to the new factory in the form of a private 5G network. X Shore will use its 5G network to wirelessly connect production equipment to collect data and maintain and control production. The wireless production equipment will also be more flexible, allowing X Shore to move quickly if production increases or changes. Assembly descriptions and quality controls will all be digitalized and continually updated on connected tablets. The digital infrastructure is based on a private 5G network from Tele2. A private 5G network is a locally scaled-down mobile network that uses frequencies which PTS (public telecommunications service) gives X Shore local permission to use on its property. A private frequency enables X Shore to have a secure, predictable, and accessible wireless digital infrastructure independent of loads on public or unlicensed networks. In addition, 5G is a standard that will be supported for many years to come and will contribute to a sustainable solution for X Shore.


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All news about TELE2 AB
06/02Tele2 Teams Up With Finland's Haltian to Offer Workspace Optimization Services
MT
06/02TELE2 : in Partnership with Haltian Services, Supporting Smart Buildings
PU
06/01TELE2 : launches new streaming packages
PU
05/24European shares fall as business growth data deepens slowdown worries
RE
05/24Swedish Telecoms Group Tele2 Slumps 8% as Kinnevik Sells Stake
MT
05/24Kinnevik To Offload 7% Stake In Telecommunications Group Tele2
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05/23Results of Kinnevik's accelerated bookbuild of shares in Tele2
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05/23Kinnevik launches accelerated bookbuild of shares in Tele2
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05/20Maven Wireless signs 3-year agreement with Tele2 and receives first order of SEK 2.7 mi..
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05/18Tele2 Secures Deal to Build Private 5G Network for X Shore's Sweden Factory
MT
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Financials
Sales 2022 27 463 M 2 712 M 2 712 M
Net income 2022 4 972 M 491 M 491 M
Net Debt 2022 30 080 M 2 970 M 2 970 M
P/E ratio 2022 15,9x
Yield 2022 7,83%
Capitalization 78 739 M 7 776 M 7 776 M
EV / Sales 2022 3,96x
EV / Sales 2023 3,94x
Nbr of Employees 4 435
Free-Float 74,9%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 114,10 SEK
Average target price 143,84 SEK
Spread / Average Target 26,1%
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Managers and Directors
Kjell Morten Johnsen President & Chief Executive Officer
Charlotte Hansson Chief Financial Officer & Executive Vice President
Carla M. S. Smits-Nusteling Chairman
Yogesh Sanjeev Malik EVP, Chief Technology & Information Officer
Kim Hagberg Chief Operating Officer & Executive Vice President
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