Listed at the Nasdaq Stockholm Exchange (Stock Symbol: TEL2B)
How to Open a Trading Account to Invest in How to Buy Tele2 Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Tele2 Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of Tele2, you have to:
open a trading account as explained before,
Search for "Tele2" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
Tele2 was founded in 1993 and is a telecommunications operator based in Sweden that offers mobile and fixed connectivity solutions, telephony and data network services, TV streaming and global IoT solutions, and other products and services to millions of customers.
In Sweden, Tele2’s 4G network covers more than 99 per cent of the population, supporting full 4G speed with very low latency. Company products and services include mobile voice telephony, handset data services, messaging services such as SMS and MMS, handset insurance and antivirus, content services, local, national, regional and global connectivity solutions, and more. In recent years, the company focused on its core markets, which are Sweden and the Baltics.
In Sweden, Tele2 merged with fixed connectivity provider Com Hem in 2018 and focused on providing bundles and offerings for both mobiles and fixed connectivity and TV. In the Baltics, the company is mainly focused on mobile connectivity.