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TLTZF - Tele2: I Remain Heavy In Swedish Telecommunications
Tele2 AB
Summary
Tele2 is one of those companies I've held for many years at an attractive price point through multiple M&As.
As a result, I've been on the receiving end of massive dividends, which is my primary motivator for owning undervalued Telcos.
While the future doesn't hold significant payouts in the way the last few years had, I still believe the company's cash flows are significantly undervalued.
Here is why I consider Tele2 a "BUY" going into 2023.