| Tele2
Tele2
Headquartered in Kista – Europe’s largest information and communications technology cluster – Tele2 is an international telecommunications operator with a footprint extending throughout the Nordic and Baltic countries, and brought in revenues of SEK23.7bn in 2018. Crucial to the activities that led to this total revenue figure is the Tele2 in-house legal department, which supports the company’s activities that require knowledge and familiarity of a number of different legal practice areas and commercial aspects. For instance, the team recently had a hand in Tele2’s acquisition of ComHem, one of the largest mergers ever between two listed companies in Sweden with a total value of US$3.2bn. The acquisition of this cable operator was part of the company’s strategy to increase the services it supplies in its home market of Sweden, and is an example of the legal team producing tangible business outcomes on behalf of the organisation.