Tele2, UAB is a telecommunications company that operates in Lithuania. It was founded in 1994 and is a subsidiary of the international telecommunications company Tele2 AB.
The company is headquartered in Vilnius, Lithuania, and has a significant presence in the country's telecommunications market.
Tele2, UAB offers a range of services, including mobile and fixed-line telephony, broadband internet, and pay-TV.
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Tele2
Tele2 is a well-known telecommunication company in Lithuania, providing mobile services to its customers. They are part of the Tele2 concern, one of the largest telecommunications operators in Europe.
Tele2 is the largest provider of telecommunications services in Lithuania, offering a wide range of services including mobile, fixed, internet, and TV. They also offer a convenient payment service called "Pildyk".
In 2024, Tele2 experienced technical issues, causing disruptions to their services. Customers reported difficulty accessing the internet and making phone calls. The company is still investigating the cause of the problem.
Tele2 has announced plans to separate its telecommunications infrastructure in the Baltic states and create a new company, which will manage the radio towers in Lithuania, Latvia, and Estonia. This move aims to improve the company's operations and services.
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In Palanga, Lithuania, tourists have reported poor mobile coverage during the summer season. In some areas, mobile coverage is non-existent. This is a significant issue for tourists relying on mobile services.
Tele2 has introduced a new product, a travel insurance package, which includes a convenient activation feature, competitive pricing, and comprehensive protection. This service is designed to meet the needs of travelers.
A man was recently found guilty of fraud for using a stolen identity to sign a contract with Tele2 and avoid paying for services. He used the victim's identity to gain access to the company's services and avoided paying 504.50 euros in fees.
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Financial Information
Tele2, UAB's financial information shows a steady growth in turnover, with 2024's figure reaching €355,428,000. This represents a 4% increase from 2023.
The company's sales per employee have decreased by 1% from 2023 to 2024, standing at €2,241,458. This could indicate that the company is expanding its workforce to meet growing demand.
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Profit before tax has increased by 8% from 2023 to 2024, reaching €130,278,000. This is a positive sign for the company's financial health.
Net Profit has also increased by 8% from 2023 to 2024, standing at €113,146,000. This suggests that the company is effectively managing its costs and generating significant revenue.
Profit per employee has increased by 3% from 2023 to 2024, standing at €713,540. This indicates that the company's employees are contributing to its financial success.
Here's a breakdown of Tele2, UAB's financial information for 2022, 2023, and 2024:
The company's amounts payable and liabilities have decreased by 1% from 2023 to 2024, standing at €48,082,000. This suggests that the company is effectively managing its short-term debts.
Non-current assets have increased by 12% from 2023 to 2024, standing at €108,716,000. This indicates that the company is investing in long-term assets to support its growth.
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