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Telia, Telenor to merge Danish operations in joint venture

Wednesday 3 December 2014 | 08:51 CET | News
TeliaSonera and Telenor have agreed to merge their Danish operations into a new 50-50 joint venture. The two already cooperate on infrastructure sharing. Merging their business operations will create the leading operator in Denmark with 3.5 million mobile subscribers and an around 40 percent market share. The companies said the intense competitive pressure in the Danish market in recent years has limited their ability to invest. By combining their assets and customer bases, the operators expect to generate significant cost savings, freeing up cash for investment. Annual efficiency gains are

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Categories: Mobile & Wireless
Companies: European Commission / Telenor / Telenor Denmark / Telia / Telia Denmark
Countries: Denmark
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