Telecommunications Companies Across Nordics

The Telecommunications industry across the Nordic region comprises 2,957 companies across 4 subindustries, spanning Finland, Sweden, Denmark, and Norway.

What distinguishes this market is its diverse composition, with the three largest subindustries being Cable-based telecommunications, Other telecommunications, Wireless telecommunications. Together, these segments represent the core of the Nordic telecommunications sector.

How Do We Source This Data ?

PRH (Finland), Bolagsverket (Sweden), CVR (Denmark), Brønnøysund (Norway). Combined with public data scraped online.

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Table of Content

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Summary and Key Data Points for Telecommunications Companies in the Nordic Region

    Total number of companies: 2,957

    Number of subindustries: 4

    Largest subindustry: 61.100 Cable-based telecommunications (1,370 companies, 46.3%)

    Second largest: 61.900 Other telecommunications (913 companies)

    Third largest: 61.200 Wireless telecommunications (632 companies)

    Most common company size: 1-10 employees (90.1% of companies)

    Large companies (€10M+ revenue): 116 companies

    Most common revenue range: 0-100k (66.7%)

Country Breakdown for Telecommunications

Distribution of telecommunications companies across the Nordic countries:

Companies

CountryCompanies% of NordicLarge (€10M+)% of Country Total
Finland67522.8%290.09%
Sweden1,07536.4%480.11%
Denmark46315.7%90.05%
Norway74425.2%300.08%
TOTAL2,957100%116–

Company Size Analysis of the Telecommunications Industry in the Nordic Region by Employee Count

Detailed breakdown of company sizes by employee count across all Nordic countries:

Companies

Employee RangeCompaniesPercentage
Over 500110.4%
200-500180.6%
100-200140.5%
50-99341.1%
11-492167.3%
1-102,66490.1%
TOTAL2,957100%

Three Key Insights for Salespeople Targeting This Group

  1. Micro-business dominance: The vast majority (90.1%) of companies have 1-10 employees. Sales strategies should focus on simplified, cost-effective solutions suitable for small teams with limited IT resources.
  2. Enterprise opportunity: There are 43 companies with 100+ employees representing high-value accounts with larger budgets and more complex needs.
  3. Mid-market segment: The 250 companies in the 11-99 employee range often represent the best growth potential – established enough to invest, yet still agile in decision-making.

Revenue Distribution of Telecommunications Companies in the Nordic Region

Breakdown of companies by annual revenue across all Nordic countries:

Companies

Revenue Range (EUR)CompaniesPercentage
Over 100M220.7%
10M-100M943.2%
1M-10M37512.7%
500k-1M1464.9%
200k-500k1956.6%
100k-200k1535.2%
0-100k1,97266.7%
TOTAL2,957100%

Three Key Insights for Salespeople Targeting This Group

  1. High-value targets: 116 companies generate €10M+ in annual revenue, representing premium prospects with significant purchasing power.
  2. Growth segment: The 375 companies in the €1M-10M range are often scaling rapidly and actively investing in tools and services.
  3. Volume opportunity: The 0-100k segment (66.7% of companies) offers significant volume potential with appropriate pricing models.

Top 50 Telecommunications Companies in the Nordic Region

The following table lists the top 50 companies based on revenue tier, including their country:

Companies

#Company NameCountryWebsiteRevenueEmployees
1Allente Norge ASNorwayOver 100M100-200
2Arelion Sweden ABSwedenteliacarrier.comOver 100M100-200
3Ascom (Sweden) ABSwedenascom.comOver 100M200-500
4Bahnhof AB (publ)Swedenbahnhof.seOver 100M200-500
5Bredband2 ABSwedenbredband2.comOver 100M100-200
6DNA OyjFinlanddna.fiOver 100MOver 500
7Elisa OyFinlandelisa.fiOver 100MOver 500
8Eltel Networks Infranet ABSwedeneltelnetworks.comOver 100MOver 500
9Finda Telecoms OyFinlandfinda.fiOver 100M1-10
10HI3G Access ABSwedentre.seOver 100MOver 500
11HMD Global OyFinlandhmd.comOver 100M100-200
12Nuuday A/SDenmarknuuday.dkOver 100MOver 500
13RebTel Networks ABSwedenrebtel.comOver 100M11-49
14RiksTV ASNorwayrikstv.noOver 100M50-99
15Sinch Sweden ABSwedensinch.comOver 100M200-500
16Skanova AktiebolagSwedenteliawholesale.seOver 100M1-10
17Suomen Erillisverkot OyFinlanderillisverkot.fiOver 100M200-500
18TDC NET A/SDenmarktdcnet.dkOver 100MOver 500
19TELENOR FIBER ASNorwayOver 100M1-10
20Tele2 Sverige AktiebolagSwedentele2.seOver 100MOver 500
21Telia Finland OyjFinlandteliacompany.comOver 100MOver 500
22Transtema Network Services ABSwedentranstema.comOver 100MOver 500
233G Infrastructure Services AktiebolagSweden3gis.net10M-100M11-49
24AIRBUS DEFENCE AND SPACE ASNorwayairbus.com10M-100M11-49
25AddSecure ASNorwayaddsecure.no10M-100M50-99
26Aktiebolaget STOKABSwedenstokab.se10M-100M50-99
27Aktiebolaget SappaSwedensappa.se10M-100M50-99
28Arelion Finland OyFinlandarelion.com10M-100M1-10
29Arista Networks Sweden ABSwedenarista.com10M-100M1-10
30Aviseq Critical Communication ABSwedenaviseq.se10M-100M200-500
31B3 Business Transformation ABSwedenbli.b3.se10M-100M50-99
32BEMBER ASNorwaybember.com10M-100M11-49
33BERGEN FIBER ASNorwaybergenfiber.no10M-100M11-49
34BLC Telecom OyFinlandblc.fi10M-100M50-99
35BRACOM ASNorwaybracomcv.com.br10M-100M11-49
36BT Nordics Sweden ABSwedenglobalservices.bt.com10M-100M11-49
37Celab Communications AktiebolagSwedencelab.se10M-100M11-49
38Chilimobil ASNorwaychilimobil.no10M-100M11-49
39Cloudgruppen Sverige ABSwedencloudgruppen.se10M-100M11-49
40Colt Technology Services ABSwedencolt.net10M-100M11-49
41Com4 ASNorwaycom4.no10M-100M11-49
42DNA Tower Finland OyFinlanddna.fi10M-100M11-49
43Digita OyFinlanddigita.fi10M-100M100-200
44EIDSIVA FIBERINVEST ASNorwayeidsiva.no10M-100M1-10
45EasyPark OyFinlandeasypark.fi10M-100M11-49
46Enersense IN OyFinlandempower.fi10M-100M200-500
47Enersense PN OyFinlandempower.eu10M-100M200-500
48Enersense TN OyFinlandempower.eu10M-100M200-500
49Erate ASNorwayerate.no10M-100M11-49
50FIBIA P/SDenmark10M-100M200-500

Subindustries within Telecommunications in the Nordic Region

The Telecommunications industry in the Nordic region is divided into 4 distinct subindustries:

SubindustryCompaniesPercentage
61.100 Cable-based telecommunications1,37046.3%
61.900 Other telecommunications91330.9%
61.200 Wireless telecommunications63221.4%
61.300 Satellite-based telecommunications421.4%

The Telecommunications industry in the Nordic region is dominated by Cable-based telecommunications, representing 46.3% of all companies. Other telecommunications follows with 30.9% of companies.

Types of Telecommunications Companies in the Nordic Region

Distribution of company legal forms across all Nordic countries:

Company TypeCountPercentage
Limited Company (AB)63721.5%
Limited Company47015.9%
Economic Cooperative36812.4%
Private limited company1906.4%
Sole proprietorship1806.1%
Sole Proprietor1264.3%
Stock company953.2%
Cooperative642.2%
Sole Proprietorship280.9%
Association/club/organisation190.6%

Key Insights for the Telecommunications Industry in the Nordic Region

Key Insights;

Market overview:

With 2,957 companies across four countries, this represents a substantial B2B opportunity in the Nordic telecommunications sector.

Geographic distribution:

Sweden leads with 1,075 companies (36.4%), followed by Norway (25.2%), Finland (22.8%), and Denmark (15.7%).

Target audience:

The dominant company form is Limited Company (AB) (21.5%), which typically indicates established businesses with formal structures and decision-making processes.

Specialization opportunity

The top three subindustries (Cable-based telecommunications, Other telecommunications, Wireless telecommunications) together account for a significant portion of the market, suggesting strong potential for industry-specific solutions.

Summary: Selling Successfully to Telecommunications Companies in the Nordic Region

The Nordic telecommunications market offers diverse opportunities across four countries with distinct but complementary business cultures.

  • Focus on scalable solutions that work for 1-10 employee companies while having upsell paths for larger enterprises.
  • Target the 116 high-revenue companies (€10M+) for premium offerings and strategic partnerships.
  • Consider country-specific approaches – each Nordic market has unique regulatory and business culture nuances.
  • The telecommunications sector is specialized – tailor your approach to specific subindustries like Cable-based telecommunications (1,370 companies) for better resonance with potential clients.

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Frequently Asked Questions about the Telecommunications Industry in the Nordic Region

How many telecommunications companies are there in the Nordic region?

There are 2,957 telecommunications companies across Finland, Sweden, Denmark, and Norway.

Which Nordic country has the most telecommunications companies?

Sweden has the most with 1,075 companies (36.4% of the Nordic total).

What is the largest subindustry within telecommunications in the Nordic region?

The largest subindustry is 61.100 Cable-based telecommunications, with 1,370 companies (46.3% of the market).

How many large telecommunications companies (€10M+ revenue) are there in the Nordic region?

There are 116 companies with €10M+ annual revenue across all Nordic countries.

What is the most common company size in the Nordic telecommunications industry?

The most common company size is 1-10 employees, representing 90.1% of all companies in this industry across the Nordic region.