Market Share of Denmark Telecom Industry
The Danish telecom market is consolidated, with major players including TDC, Telenor, 3 Denmark, and Telia. Some of the recent strategic developments in the market are:
- April 2024: Telia Company finalized the sale of its operations and network assets in Denmark to Norlys AmbA (Norlys) for an enterprise value of DKK 6.25 billion (approximately USD 0.89 billion), with the deal structured on a cash and debt-free basis. Telia plans to utilize the proceeds from this sale primarily for deleveraging. Post-transaction, Telia's net debt/adjusted EBITDA ratio comfortably sat at the lower end of its targeted range of 2.0-2.5x.
- September 2023: Ericsson rolled out Denmark's 5G Standalone (SA) network. This shift from Non-Standalone (NSA) to SA was made possible by Ericsson's innovative dual-mode 5G core solution. By adopting a cloud-native software architecture, TDC NET took a significant step in its technological evolution, ensuring swift and dependable service innovations for its subscribers and service providers.
Denmark Telecom Market Leaders
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TDC Holding A/S
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Telia Denmark
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Telenor
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3 Denmark
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Lyca Mobile
*Disclaimer: Major Players sorted in no particular order