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April 21, 2015 10:47 PM ET

Wireless Telecommunication Services

Company Overview of Telenor Danmark Holding A/S

Company Overview

Telenor Danmark Holding A/S, through its subsidiaries, offers mobile telephony and mobile Internet services to residential and business customers in Denmark. The company offers GSM and 3G mobile solutions. The company was formerly known as Sonofon Holding A/S and changed its name to Telenor Danmark Holding A/S in November, 2005. The company was founded in 1991 and is based in Copenhagen, Denmark. As of August 10, 2000, Telenor Danmark Holding A/S operates as a subsidiary of Telenor ASA.

Frederikskaj

Copenhagen,  1780

Denmark

Founded in 1991

Phone:

45 72 10 01 00

Fax:

45 72 12 75 75

Key Executives for Telenor Danmark Holding A/S

Chief Executive Officer
Chief Financial Officer
Age: 57
Executive Vice President and Head of People Development
Compensation as of Fiscal Year 2014.

Telenor Danmark Holding A/S Key Developments

Telenor Denmark Wins Tender to Supply TV2

Telenor Denmark announced that it has gained TV2 as a new customer after the broadcaster put a contract to provide it with telecommunications services out to tender. From February 2015, Telenor will provide TV2 with 1,200 mobile phone subscriptions, 900 mobile broadband subscriptions, 625 ADSL connections and four direct lines for two years. Initially, the deal applies to TV2's headquarters (HQ) but the eight regional branches could join it eventually. The deal has the option of two twelve-month extensions.

Telenor Danmark Announces to Downsize Operations in Denmark

Telenor Danmark announced that the company is to downsize its operations in Denmark. It will close down 13 stores and cut a total of 70 jobs in the country. This move is part of Telenor's business strategy launched in 2013. Telenor will have 67 stores in Denmark after the closure of 13 stores.

Telenor Danmark Reports Earnings Results for the Second Quarter of 2014

Telenor Denmark reported earnings results for the second quarter of 2014. For the quarter, the company reported a drop in revenues, as mobile customer growth was offset by a shift to prepaid and lower-price plans. Mobile revenues were down to DKK 915 million from DKK 1.031 billion a year earlier, due to lower handset sales and the market shift to discounted plans. EBITDA plunged to DKK 119 million from DKK 216 million a year ago due to the revenue weakness and restructuring costs. Fixed revenues dropped to DKK 145 million from DKK 175 million in the year-earlier period.

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To contact Telenor Danmark Holding A/S, please visit www.telenor.dk. Company data is provided by Capital IQ. Please use this form to report any data issues.

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