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Leading 10 telecom companies in the Nordics 2020, by turnover

Telenor ASA was the leading telecommunication company within the Nordic countries by turnover, as of June 2020. The company’s turnover amounted to roughly 11 billion euros. Second in the ranking was Telia Company AB, with over eight billion euros turnover. Eltel AB and Telia Norge AS ranked ninth and tenth at the evaluated period.

Telecom companies with highest profit and most employees

     Not only was Telenor ASA the telecom company with highest turnover, but also with highest net profit. Similarly, the second company in the ranking, by net profit was Telia Company AB. In contrast with the ranking of companies by turnover, Telenor Norge AS ranked third in among companies with highest net profit. Telenor ASA was, furthermore, the telecom company with most employees the same year.

How much do Nordic citizens talk on the phone?

     Within the Nordic countries, Sweden was the one with highest number of outgoing traffic minutes from mobile phone to national network during the period between 2015 and 2017. As of 2017, the number of traffic minutes amounted to over 32 billion. Norway was second with over 13 billion traffic minutes that year.

Leading 10 telecommunication companies in the Nordic countries as of June 2020, by turnover

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Release date

June 2020


Denmark, Finland, Norway, Sweden

Survey time period

June 2020

Supplementary notes

The source adds the following information: "The top list data is always based on the latest available financial statements."

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Statistics on "Telecommunication industry in the Nordic countries"

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