TLTZF - Tele2: Solid Performance From A Solid Telecom
On Tuesday, April 21, 2020, Swedish telecommunications giant Tele2 AB (TLTZF) announced its first-quarter 2020 earnings results. At first glance, these results appeared to be slightly disappointing, as the company saw its revenues decline slightly year over year, but it has certainly held up much better than many others have in the current environment. This is not something that was entirely unexpected, as telecommunications services are typically one of the last areas that people struggling with money cut back on, especially when they are under quarantine orders. A closer look at the actual