• Tele2 average gross margin for 2023 was 40.14%, a 0.42% increase from 2022.
• Tele2 average gross margin for 2022 was 40.31%, a 3.31% decline from 2021.
• Tele2 average gross margin for 2021 was 41.69%, a 1.4% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.