Losses for mobile operator Tele 2

Mobile operator Tele 2 posted pre-tax losses of 25 million kronor ($3.86 million) for the fourth quarter of 2007.

A year earlier, the company had fourth quarter pre-tax profits of 515 million kronor.

Turnover increased to 1.04 billion kronor, compared with 973 million kronor the previous year.

According to Reuters, analysts had expected a profit of 322 million kronor and turnover of 1.05 billion kronor.

The board of directors suggested a dividend 3.15 kronor per share and a special dividend of 4.70 kronor.

Despite the loses, Tele 2 managing director Lars-Johan Jarnheimer is satisfied with the company’s development, especially in eastern Europe and Sweden.

“When we look ahead to 2008 we see more of the same positive developments. The restructuring process will continue. There is still a need to review the organization’s size so that we can concentrate our resources on the areas that prove to be the most profitable,” Jarnheimer wrote in the report.


Tele2 and Comviq mobile blackout cuts off Swedish users abroad

If you've been having trouble getting your mobile to work outside Sweden since Friday, this may be the reason why.

Tele2 and Comviq mobile blackout cuts off Swedish users abroad
Photo: TT

Swedish prepaid mobile phone brand Comviq and its European holding company Tele2 are experiencing serious problems with their overseas networks. 

The unexpected glitch means Swedish customers abroad are experiencing difficulties when placing and receiving calls, texting and browsing the internet, a situation that’s gone on for more than 24 hours.

“It's deeply regrettable,” admits Tele2 media spokesperson Johan von Heijne.

“We urge those who need to get in touch with people to look for places with Wifi instead.”

Tele2 and Comviq’s networks continued to experience problems on Saturday with no apparent solution in sight.

“We have no new information yet,” von Heijne is quoted as saying by Swedish news agency TT.


To make matters worse, Tele2's website is down.

“This is an unfortunate coincidence. But we’re reaching out to our customers through our other channels, ” explained von Heijne.

Tele2 started as a telecommunications company in Sweden in 1993 and currently operates in Sweden, Croatia, Estonia, Kazakhstan, Latvia, Lithuania, the Netherlands, Russia and Germany.

Comviq merged with Tele2 in 1997, but the name Comviq was retained as a brand, together with Tele2's own brand Tele2 Mobile.