Company Performance: Netel's financial health, including revenue, profitability, and debt levels, significantly impacts its stock price. Strong earnings reports generally lead to price increases, while losses can trigger declines.

Market Sentiment: Overall investor confidence in the telecommunications sector and the Swedish stock market influences demand for NETEL.ST shares. Positive sentiment boosts prices, while negative sentiment can lower them.

Industry Trends: Developments in the telecommunications industry, such as the rollout of 5G networks or changes in regulations, can affect Netel's prospects and, consequently, its stock price.

Economic Conditions: Broad macroeconomic factors like GDP growth, interest rates, and inflation can impact investor risk appetite and the valuation of companies like Netel. Economic downturns often lead to lower stock prices.

Competition: The competitive landscape within the telecommunications infrastructure services market affects Netel's market share and profitability, influencing investor perceptions and stock valuation.

Major Contracts: Winning or losing significant contracts for network construction or maintenance can have a substantial impact on Netel's projected revenue and future earnings, thereby affecting its stock price.

Technological Advancements: New technologies related to telecommunications infrastructure can create opportunities or pose threats to Netel's business model, impacting investor sentiment and the stock's performance.

Regulatory Changes: Government regulations related to telecommunications infrastructure, environmental standards, or labor laws can affect Netel's operating costs and profitability, influencing its stock price.

Investor Relations: How effectively Netel communicates with investors and analysts through investor relations activities can impact the market's understanding of the company's value and future prospects.

Dividend Policy: Netel's dividend payout ratio and dividend yield can influence investor demand for the stock, particularly among income-seeking investors.

Global Events: Geopolitical events, trade agreements, or global economic shocks can create volatility in the stock market and impact investor sentiment towards companies like Netel.

Management Decisions: Key decisions made by Netel's management team, such as strategic acquisitions, divestitures, or investments in new technologies, can affect the company's future performance and stock price.