Leading 20 telecommunication companies in the Nordics 2020, by number of employees

As of May 2020, Telia Company AB was the telecommunications company in the Nordics with most employees. Over 23 thousand people worked for the company at the evaluated period. Second in the ranking was Eltel AB, with around 7 thousand employees. Among the other enterprises with high number of employees were Tele2 AB and Elisa Oyj, both of which had over four thousand individuals hired.

Turnover and net profit of telecom companies

Telenor ASA was also the telecom company with biggest turnover and biggest net profit in the Nordic countries for the same period. Reaching over 12 billion euros turnover, it was followed by Telia Company AB and Telia Sverige AB. The net profit of Telenor ASA amounted to over two billion euros in 2019.

Biggest companies

The biggest company in general in the Nordic region in 2019, by number of employees, was the Danish Facility Services company ISS A/S. Next in the ranking came Securities AB, H&M Ericsson, and Nokia. All of the mentioned enterprises had over ten thousand employees for the evaluated period.

Leading 20 biggest telecommunication companies in the Nordic countries as of May 2020, by number of employees

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Release date

August 2020


Denmark, Finland, Norway, Sweden

Survey time period

May 2020

Supplementary notes

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

Total number of employees refers to the average number of employees

Subsidiaries are excluded if the parent company is on the top list with consolidated figures

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Statistics on "Telecommunication industry in the Nordic countries"

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