Telia is the communications and media company most prolific at making international expansions, followed by Deutsche Telekom and CK Hutchison. GlobalData’s communications and media foreign direct investment (FDI) company report highlights the current foreign investments made by leading communications and media investors. Buy the report here.

Telia has been the most active communications and media greenfield investor between Q1 2019 and Q4 2023, according to GlobalData’s FDI Projects Database. The Parent_clean company has been actively investing through several of its subsidiaries/company divisions.

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Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.

The majority of Telia investments were in the mobile networks subsector. In fact, 96.1% of its total foreign investments were in this subsector. It also created projects across a further 9 subsectors.

By business function, most (98.7%) of Telia projects were related to technology infrastructure & related.

The company has been active across four world regions, mainly focused on Western Europe which received 93.5% of the company’s greenfield investments between Q1 2019 and Q4 2023. Its top three destination countries (by number of greenfield FDI projects) were Finland, Norway and Estonia. Combined these three countries account for 98.7% of its total number of communications and media investments.

Telia created more FDI projects in 2022 compared to any other year between Q1 2019 and Q4 2023.

Other leading FDI project generators in the communications and media industry include Deutsche Telekom, CK Hutchison, Vodafone Group and Orange.

The US is the leading source market for outbound communications and media greenfield FDI projects. The country accounts for 25.8% of total outbound communications and media investment projects. There have been 389 unique parent companies from the US that have announced communications and media FDI projects between between Q1 2019 and Q4 2023.

To further understand the top communications and media FDI companies, access GlobalData’s Top communications and media Foreign Direct Investment Companies report.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s FDI Projects Database records greenfield FDI throughout the world in real-time. The data can be used to analyse company cross-border expansion activities as well as identify industry, thematic and geographic trends.