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TLTZF - Tele2: Operational Excellence Means Further Growth
Tele2 AB
When I last spoke about Tele2 (TLTZF) (TLTZY), I went neutral on the company - not because I didn't believe that the company indeed could achieve everything they set out to do, but because I viewed the company as overvalued in the extreme - a telecommunications company trading at over 20 times earnings.
Well, today Tele2 reported earnings for the third quarter of 2019, making it an excellent time to look back into this company to see what's occurred. Because, judging from the 5% share price appreciation in a single day,