Tele2 defies Latvia's crisis with brave 5G investments!

Tele2 defies Latvia's crisis with brave 5G investments!

In recent years, Tele2 has asserted itself as a leading provider in Latvia, but the challenges in the mobile communication market cannot be overlooked. Despite a general economic decline, the company remains on a growth course. According to the almost fashion was able to turn in the first half of 2025 Each 87.76 million euros, which corresponds to stable growth of 1.9% compared to the previous year. The EBITDAAL of 41 million euros is particularly remarkable, an increase of 12% compared to the previous year, which shows the strength of the company in a difficult economic environment.

However, there are also challenges. The decline in the Smart Devices segment by 6.6% suggests that consumers are currently more careful and prefer to spend their money on essential things. The tendency towards falling growth rates in the mobile communication market is a clear warning that it is necessary for providers such as Tele2 to offer new services and solutions in order to remain competitive in the future.

investments in 5G

A crucial part of Tele2 strategy is the massive investment in 5G expansion. In the first half of the year, 9.7 million euros were put into the further development of the network, which means 3.4% more than in the previous year. The company positions the almost nationwide coverage of 90% of the Latvian territory with 5G technology well for the future. The company plans to modernize at least 130 base stations by the end of the year to further optimize the network. These steps are necessary to keep up with the growing data traffic, which in Europe according to Telekom report to 2024 to 141 Exabyte.

Of course, the competition does not stop. Other providers also invest in the expansion of their 5G networks. Ericsson predicts that global mobile phone data traffic will increase three times by 2030, which underlines the need for providers to continuously improve their infrastructure.

sustainability approach

Tele2 has also made some progress when it comes to sustainability, which are emphasized in the recently published annual and sustainability report. For example, over 1 million tons of CO2 equivalents of greenhouse gas emissions were avoided by the company's products and services. In addition, Tele2 is a pioneer in the field of environmental friendliness and recently received the CDP rating A for corporate management and performance in climate protection. This was supported by 96% by reducing SCOPE 1 and 2 emissions.

Tele2 has proven a good hand by investing not only in new technologies, but also in environmental protection. Laut Market screen The company now ranks second among Europe's Top 500 climate leaders, which undoubtedly underlines his efforts to reduce emissions.

With a look into the future, Tele2 sees itself as an unshakable player in the highly competitive telecommunications market, ready to face the challenges of the market and at the same time to continue the course of sustainable development. The combination of technological investments and a clear focus on sustainability could ultimately be the key to continuing success.