DENMARK: FORMUS FEARS FURTHER FWA LICENCES
Article Abstract:
Formus Communications, the American telecom company that has been awarded one of the FWA licenses in Denmark, fears financial problems if the Danish Government decides to award even more licenses than the five that already have been decided. Formus will invest more than DKr 1bn (USD 120mn) in infrastructure, but the company is under financial pressure, as the planned quotation on the Nasdaq Stock Exchange has been postponed for the second time owing to weak market conditions. Telestyrelsen, the Danish telecom authority, has announced that further FWA licenses are likely to be awarded in 2001. This has made players such as Tele Danmark and Telia hopeful, even though they didn't get any licenses in the first round.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
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Denmark: Present situation for telecoms in Aalborg
Article Abstract:
The 40 telecom companies in "mobil valley" Aalborg, Denmark have at present about 4000 employees. Ericsson and Siemens recently reduced staff to 15-20 and 300 respectively. Maxon, Korean development house, has instead grown to 130 employees. In 2001 four new companies, Cambridge Silicon Radio, TTPCom, ST Microelectronics and Futarque set up business in the area.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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Denmark: Future TDC company awarded contract
Article Abstract:
TDC, the Danish state-owned telecoms company, is planning to start a company consisting of between 100 and 1 500 technicians from TDC. Although the separation has not yet been implemented the new company has already been awarded a contract from Neterna, previously owned by Swedish telecoms company Telia. Neterna operates Telia's telephone networks in Sweden.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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