Denmark: Banestyrelsen may fetch DKr1bn by selling unit

Article Abstract:

Banestyrelsen, the Danish National Railway Agency, could pocket DKr1bn by selling its telephony operations under Banestyrelsen Tele. It owns among other things a 14% stake in Orange, the mobile telephony operator. Banestyrelsen's telephony unit, that builds telecoms networks along sleepers, achieved a DKr29mn profit on a turnover of DKr209mn last year. Banestyrelsen's ceo Jens Andersen, says the investment in Orange has never been a strategic investment and makes no secret of the fact that the stake will be sold sooner or later. According to him, Banestyrelsen will adjust its strategy on the assumption that it is a railway company not a telecoms company. It is, however, up to government to decide whether the transmission network and the masts are an integral part of Banestyrelsen or whether they can be sold off.

Railroads, Rail Transportation

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Denmark: Equant is expanding

Article Abstract:

The telecom company Equant, owned by France Telecom, is growing by 20% on the Danish market in 2001, and the aim is to continue growing at the same rate in 2002, John Conlan, MD of Nordic operations, says. In 2001, turnover in Denmark is expected to reach DKr 165mn (USD 18mn). The company offers fixed telephony and datacommunications services. In June this year, Global One was merged into Equant. Equant's target group is 150-200 Danish businesses which operate internationally. By now, the company has about 60 clients in Denmark.

Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Communications Equipment, Communications Equipment Manufacturing, Data Communications Equip, Telecommunications equipment, Data communications equipment, France Telecom S.A., Global One

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