3 Scandinavia

3 Scandinavia is a leading provider of voice and broadband services in Sweden and Denmark. Since its inception in 2000, the company’s vision has been to build an entirely new platform for mobile communication, providing its subscribers with high-quality communication services.


SEK m. Sales




Number of employees


Initial investment year

In 2000, 3 Skandinavien, owned by Investor AB and CKHH (formerly Hutchison Whampoa), was awarded one of the four Swedish 3G licenses and began building a greenfield 3G network. Supported by the rapidly increasing availability of smartphones and customers wanting fast and reliable data everywhere, 3 Scandinavia has benefited greatly from its state-of-the-art mobile network, innovativeness and competitive service offering. Because the company is at the forefront of delivering fast data, it has benefited from high usage and increased customer demand. The company has consistently gained significant market share in both Sweden and Denmark by constantly challenging the status quo with innovative services and solutions.

Today, 3 Skandinavien has more than three million subscribers. Thanks to its strong service focus and cost-efficient structure, it has grown rapidly over the years and generated strong profit and cash flow. There is great potential for the company to continue to grow, both in the consumer and enterprise markets.



The Swedish business has returned to subscriber base growth after the decline in 2017, and net subscriber intake continues in Denmark. The work to increase customer satisfaction, which is yielding positive results, remains an important focus area.

Reflecting changing customer preferences, the two online-focused brands Hallon and Oister continued to enjoy strong momentum during the year.

3 Skandinavien continued to invest in its network, improving coverage and capacity and implementing several technical functionalities such as e-sim and Narrowband IoT. 3 Scandinavia was also first to launch several new products to the market, including the Apple Watch Series 3 and several smartphones from Xiaomi.

Morten Christiansen was appointed CEO of 3 Skandinavien, a position he will combine with his role as CEO of 3 Denmark.

Patricia Industries ownership (capital/votes): 40/40 


Patricia Industries

About us

About us

Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.

Our Way of Working

Our Way of Working

We own Nordic and North American companies in industries that we know well, and where we have a relevant network of key people who can contribute their expertise.

Our companies

Our Companies

Our family of companies consists of wholly-owned subsidiaries, partner-owned companies and legacy financial investments.



Patricia Industries is a part of Investor AB, Northern Europe’s largest industrial holding company, which is publically listed on Nasdaq Stockholm. The main owners of Investor AB are the Wallenberg Foundations, controlling 50 percent of the votes.

Patricia Industries in short

Patricia Industries in short

What we do is really a continuation of what the Wallenberg family has been doing ever since André Oscar Wallenberg founded Stockholm’s Enskilda Bank in Sweden in 1856 – actively supporting the development of companies globally.



Great companies are built by great people. It is our firm belief that leadership and individuals make all the difference.


The Team

Meet the people driving success at Patricia Industries

Contact / Career


Patricia Industries develops companies – in the Nordics and North America – and our team of professionals work at our two offices.