Denmark Telco Improves with Age

More than a century old, GN Store Nord has weathered many changes in the telecommunications industry to emerge as a hot prospect

GN Store Nord is a rare corporate phenomenon—a hot growth company that's 137 years old. The Danish company started in 1869 as the Great Northern Telegraph Company, morphed into an unwieldy conglomerate, then slimmed down to focus on phone headsets, especially cordless ones enabled with Bluetooth remote technology. A good move: Profits almost doubled last year to €112 million, while revenue rose almost 20%, to €744 million.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.