Tele2 says 5G now reaches 99.9% of the Swedish population and about 90% of the country’s landmass with the operator confirming the switch-off of 2G/3G in December.
The company also trimmed its full-year capex-to-sales guidance (ex-spectrum, leases) to around 12%.
In Sweden Consumer, fixed broadband continued to grow: end-user service revenue rose 3% year-on-year, with a small net add of 1,000 to 958,000 RGUs and broadband ASPU up 2% to SEK 289. Digital TV declined as the Boxer migration worked through the base: DTV end-user service revenue fell 8% year-on-year, with a net loss of 3,000 to 761,000 RGUs.
Group end-user service revenue grew 2% organically, while Sweden Business rose 5%, helped by mobile and solutions. Tele2 highlighted Opensignal’s naming of the company as the global leader in 5G video experience based on H1 2025 measurements.
Tele2 also reported strong equity free cash flow in the quarter and its “strongest iPhone launch since 2016,” though equipment revenue remained subdued in a softer handset market.
