The telecommunication sector represents a very important part of the information and communication technology industry (ICT) and is made up of companies that make communication possible. Some of the leading telecommunications providers in Europe are in fact Nordic, such as Telenor and Telia. In 2022, Telenor ASA was the leading telecom provider in the Nordic region and generated both the largest turnover and net sales as of June 2022. Within the Nordic countries, Norway held the largest share of the mobile operators market in 2019 and was followed by Denmark.
Telenor ASA is a Norwegian multinational telecom company and one of the global leaders. Its revenue has fluctuated over the past few years,dipping in 2018 and 2019 but recovering into 2020 with around 12 billion euros in revenue. This recovery seems short lived as revenue had again dropped in 2021 to 11 billions, though that is in line with revenue during the previous 4 years. Telia Company AB, the Swedish telecom giant, had net sales amounting at 89 billion Swedish kronor, or approximately 8.6 million euros.
Fixed telephone subscribers have increased in recent years in the Nordic countries and the number of subscribers in Sweden amounted to just under 1.6 million individuals. In contrast, more and more people were subscribing to mobile cellular services and the number of Swedes the same year was roughly 13 million and the other Nordic countries followed a similar vein. Despite some fluctuation over the evaluated period, the number of Finnish mobile cellular subscribers in 2018 was twice as high as it was back in 2000.
With the advancement of technology, it can be expected that new telecom services might emerge and new trends be set up.
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In the following 7 chapters, you will quickly find the 39 most important statistics relating to "Telecommunication industry in the Nordics".