Carnegie acted as strategic financial adviser to TDC Group in the establishment of a joint venture with Entreprenørfirmaet Nordkysten. TDC NetCo and the contractor Entreprenørfirmaet Nordkysten have formed a joint venture (“Fiberkysten”) which will contribute to TDC’s ambitious plans for rolling-out the fiber network in Denmark. TDC NetCo owns 60% of the new company, which will focus on fiber projects in the Zealand-area. Entreprenørfirmaet Nordkysten will provide machinery and crew for the excavation work in connection with the fiber roll-outs, while TDC will provide technicians who will perform the technical part of the fiber network. June 2019.