As Denmark’s incumbent telecommunications company, with an extensive presence in both fixed and mobile networks, TDC Group is well positioned to modernise the country’s telecommunications infrastructure and services.
By supporting a generational investment program and opening its network to competitors, Macquarie and its co-shareholders believed TDC Group could drive innovation across the sector and increase consumer access to, ultra-fast broadband.
Without the pressures associated with being a listed company, Macquarie believed TDC Group would be better positioned to make the long-term investments needed to transform its operations and customer offering, for the benefit of Denmark’s people and its economy.
The landmark demerger was designed to ensure the focused development, construction and operation of future-proofed digital infrastructure for Denmark while enabling TDC NET to embark upon on one of the largest and most complex capital investment programs in the companies history.
The major investment program envisaged accelerating the upgrade of TDC NET’s copper and coaxial cable network so fibre-to-the-premises connections could be extended to more than one million households and businesses across Denmark by 2025. While supporting TDC NET’s expanded rollout of ultrafast fibre broadband, Macquarie and its co-shareholders sought to strengthen nationwide mobile connectivity by investing early and at scale so the business could deliver the country’s next generation mobile network.
While supporting these transformational investments in TDC NET’s network infrastructure, Macquarie and its co-shareholders have backed innovation across Nuuday’s suite of eight consumer-facing brands. The business is investing in the development of new products and premium content while growing its partnerships with other networks – expanding its offering and reach in the Danish market.
With TDC NET and Nuuday already pushing forward with ambitious sustainability agendas, Macquarie and its co-shareholders have collaborated with teams at both companies to understand the skills and resources they need to further enhance their approach across priority areas including climate action, resilience, health and safety, and digital trust.