NIB finances fibre rollout in Denmark
NIB and TDC NET A/S have signed a 7-year EUR 50 million loan to finance the company’s fibre broadband network rollout investments during 2025–2027, primarily in the Greater Copenhagen area. The financing will help meet the growing demand for high-speed broadband and support Denmark’s digital infrastructure.
The investment will expand fibre-to-the-premises coverage and increase activation. Enhanced connectivity supports businesses with cloud, automation and e‑commerce solutions, while households benefit from reliable access to remote work, education and public digital services.
Steen Møller, CFO, TDC NET, said: “As provider of futureproof digital infrastructure, TDC NET has in the past years made significant investments in roll-out of high-speed fibre in Denmark. As we in the coming years continue our investments in Denmark’s fibre infrastructure we value the continued trust from NIB, enabling these investments.”
André Küüsvek, NIB President and CEO said: “With this loan, we continue to support the digital transformation in Denmark. Strengthening fibre networks increases productivity and competitiveness across the economy and ensures resilient connectivity for citizens and companies.”
This is NIB’s second loan to TDC NET in support of its fibre rollout. In 2022, the Bank signed a EUR 110 million loan to finance investments in 2022–2024.
TDC NET A/S is owned by TDC Group, which is Denmark’s largest telecommunications service provider. The company offers mobile network and fixed-line connections, and contributes to the country’s digital future with the rollout of fibre and 5G.
NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.
Contacts
Eva Nickull, Senior Banker, +358 10 618 0314, eva.nickull@nib.int
Oliver Mølvang Hermansen, Associate Communications Officer, +358 10 618 0225, oliver.hermansen@nib.int
