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Tele2 lifts dividend after 42% cash-flow surge on cost cuts and 5G push

Story Highlights
  • Tele2 delivered strong 2025 results with higher revenue and EBITDAaL, underpinned by cost cuts and 5G investments.
  • Robust cash flow allowed Tele2 to propose a sharply higher dividend while guiding for modest growth in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tele2 lifts dividend after 42% cash-flow surge on cost cuts and 5G push

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Tele2 AB ( ($SE:TEL2.B) ) has provided an announcement.

Tele2 reported solid fourth-quarter and full-year 2025 results, with end-user service revenue up 2% organically for the year and underlying EBITDAaL rising 11%, supported by sharp cost control, contract renegotiations and a workforce reduction of about 650 positions. Equity free cash flow grew 42% to SEK 6.2 billion over the last 12 months, enabling the board to propose a 65% higher dividend of SEK 10.50 per share, equivalent to 118% of eFCF, while the group accelerates nationwide 5G upgrades following its 2G/3G shutdown, maintains strong commercial momentum in Sweden and the Baltics, and guides for modest organic growth in 2026 with capex kept at 10–11% of sales.

The most recent analyst rating on ($SE:TEL2.B) stock is a Buy with a SEK185.00 price target. To see the full list of analyst forecasts on Tele2 AB stock, see the SE:TEL2.B Stock Forecast page.

More about Tele2 AB

Tele2 AB is a Nordic and Baltic telecommunications operator with a strong challenger culture, providing mobile and fixed connectivity, TV and streaming services, and IoT solutions to consumers and businesses across the region. Listed on Nasdaq Stockholm, the company generated SEK 29.9 billion in revenue in 2025 and focuses on making connectivity simpler, smarter and more cost-efficient.

Average Trading Volume: 1,453,217

Technical Sentiment Signal: Buy

Current Market Cap: SEK113.1B

Learn more about TEL2.B stock on TipRanks’ Stock Analysis page.

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