DNA
| Sector | Technology, Media & Telecoms |
|---|---|
| Investment type | Growth Capital |
| Region | Finland |
| Status | Former investment |
DNA Ltd is a telecommunications group offering high-quality voice call, data, mobile and digital television services using the latest technology. In Finland, its customers include private users, corporations and other organisations.
3i first invested in DNA in 2007, backing the planned merger of DNA with five local fixed-line telecommunications operators. During the period of 3i’s investment, the Vantaa-based company integrated its fixed line and mobile businesses and pursued an ambitious growth strategy, most especially in the area of mobile communications. In this time, it almost doubled its mobile subscriber base, increasing the number of mobile service customers by 821,000 to around 1.9 million, a market share of 25%. It further grew revenues from EUR538 million in 2007 to EUR657 million today.
3i worked in partnership with DNA’s management team to assist the company achieve its goal of establishing itself as a leading, national, full-service telecommunications group providing high-quality, state-of-the-art voice, data and mobile communications and television services to private households and businesses throughout Finland.
