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Telenor, TeliaSonera to merge Danish units
Parvez Jabri
03 Dec, 2014
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Copyright Reuters, 2014
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![](https://i.brecorder.com/images/2014/12/telenor-400.jpg">OSLO: Nordic telecom operators Telenor and TeliaSonera agreed on Wednesday to merge their Danish operations, with the companies each holding half of a joint venture, they said in separate statements.</P><P>The merged firm will have about 40 percent of the Danish market with 3.5 million subscribers and the companies hope to save 800 million Danish crowns ($133 million) annually in efficiency gains, with the full effect from 2019.</P><P>)