Whereas tensions arising from the pursuit of ambidexterity have been documented, how these are interpreted and managed by actors themselves remains largely unexplored. Based on in-depth case research in a large Scandinavian-based telecommunications organization pursuing ambidexterity, we identify a path-dependent process of tension interpretation and tension management at different levels of the organization. Our findings suggest that, in the context of an ambidextrous strategy, actors are actively involved in managing arising tensions based on their differing interpretations of these tensions (where ambidextrous demands are seen as complementary, conflicting or interrelated). We find that these interpretations are influenced by actors’ strategic orientation and organizational level. Our study extends understanding of the pursuit of ambidexterity in practice, offering a pluralist, path-dependent perspective of how actors perceive and deal with ambidexterity tensions.