| Business Summary | | Tele2
AB,
formerly
known
as
NetCom
AB,
is
a
telecommunications
company
in
Europe
that
is
engaged
in
the
GSM
cellular
business,
fixed
telephony
and
Internet.
In
Sweden,
the
Company
operates
using
the
brand
names
of
Comviq
and
Tele2.
In
the
areas
of
public
telecommunications,
data
communication
services
and
Internet,
Tele2
AB
operates
Tele2
in
Sweden,
Tele2
A/S
in
Denmark
and
Tele2
Norge
AS
in
Norway.
Tele2
AB
also
operates
NätTeknik
and
Datametrix,
specializing
in
systems
integration,
and
Kabelvision,
a
Swedish
cable
television
services
company.
During
this
year,
Tele2
AB
has
acquired
Société
Européene
de
Communication
SA
(SEC).
Through
this
acquisition,
Tele2
AB
operates
in
20
European
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tele2
AB
is
a
leading
telecommunications
company
in
the
Scandinavian
market.
The
Company
conducts
business
in
five
areas:
Mobile
GSM
services,
fixed
telephony,
data
communications,
Internet
service,
and
Cable
TV
service.
For
the
six
months
ended
6/30/01,
revenues
totalled
SEK11.84
billion,
up
from
SEK4.87
billion.
Net
loss
totalled
SEK1.73
billion,
vs.
an
income
of
SEK620M.
Results
reflect
growth
in
fixed
telephony
operations,
offset
by
a
lower
operating
margin. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jan Hugo Stenbeck | Chairman | Lars-Johan Jarnheimer | Pres,
CEO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|