As he unveiled his company’s year-end financial results on 6 August, Henning Dyremose, the chief executive of TDC, Denmark’s largest telecommunications group, went out of his way to predict a continued consolidation in the Danish telecommunications market. Dyremose predicted that some competitors would join forces to augment their position in the highly competitive Danish Market.

TDC is the result of a merger between the Danish regional telecommunications providers, which historically had a monopoly on providing telecommunications services. Since the liberalisation of the Danish telecommunications market, which has been taking place since 1995, many new competitors have entered the Danish market – particularly the mobile market – making it one of the most developed in Europe for mobile services.