Cibicom A/S Due Diligence

Run due diligence on Cibicom A/S: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Agilitas Private Equity LLP (United Kingdom) · cibicom.dk · 13 vendors

Cibicom A/S is a Danish independent network operator and Internet Service Provider (ISP) that designs, installs, and operates data and communication solutions for public service broadcasting, emergency services, and businesses. The company owns and operates nationwide telecom infrastructure including transmission masts, a 3,500 km fibre-based IP backbone network, five Tier 3 data centres, and critical communication systems such as SecureCom LTE450. Tracing its roots to Denmark's first radio broadcasts in 1925 (via Post- og Telegrafvæsenet), it rebranded from Teracom to Cibicom in January 2019 and is headquartered in Ballerup, Denmark.

Resilience scores

Technology vendors

Services catalogue

4 services in catalogue across 2 categories; runs on 13 sub-vendors.

Insights

Last updated 2026-09-13 · revision 11

13 direct vendors, 146 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

10 in-scope frameworks identified; showing 3.

ISAE 3000 (source) — Evidence found

Customers of colocation and data center services often require assurance over the provider's internal controls. An ISAE report is a common way to provide this, particularly for financial services clients.

Danish Executive Order on Data Retention — No public evidence

As a provider of electronic communications networks and services to end-users in Denmark, Cibicom is obligated to retain specific traffic data for one year as mandated by this order (Logningbekendtgørelsen).

Evidence: https://baxtel.com/data-center/cibicom-copenhagen-west-smorum, https://cibicom.com/about-cibicom/, https://www.datacenterindustrien.dk/cibicom, https://www.dcbyte.com/company/cibicom/, https://dangroupinvest.com/portfolio-item/cibicom-denmark/, https://www.datacenter-forum.com/datacenter-forum/cibicom-opens-its-5th-colocation-data-center-in-denmark

Danish Tele Act — No public evidence

As a provider of electronic communications networks and services in Denmark, Cibicom is subject to the Danish Tele Act (Teleloven), which governs telecommunications providers.

Evidence: https://baxtel.com/data-center/cibicom-copenhagen-west-smorum, https://cibicom.com/about-cibicom/, https://www.datacenterindustrien.dk/cibicom, https://www.dcbyte.com/company/cibicom/, https://dangroupinvest.com/portfolio-item/cibicom-denmark/, https://www.datacenter-forum.com/datacenter-forum/cibicom-opens-its-5th-colocation-data-center-in-denmark

Financials

Three-year financials

Financial Resilience Score: 6/10

Cibicom A/S operates as a critical Danish telecommunications and broadcast infrastructure provider with a defensible moat built on hard-to-replicate physical assets including approximately 3,500 km of fibre backbone, five Tier-3 data centres, and a national network of broadcast and communications masts. The company benefits from sticky, long-term contracts with public-sector and regulated counterparties such as DR, TV 2, the Danish Defence, emergency services, and utilities, generating recurring low-churn revenue. Regulatory tailwinds from EU LTE450 mandates, NIS2 directives, and heightened focus on critical infrastructure resilience post-Ukraine support demand for its mission-critical offerings. However, the resilience score is moderated by significant risks. As a PE-owned (Agilitas since 2018) capital-intensive infrastructure business, Cibicom likely carries meaningful debt, with depreciation and rising interest costs in 2022-2024 creating refinancing risk. Customer concentration is a material concern, with a likely large share of revenue tied to a few public-sector and broadcaster contracts. The structural decline of linear broadcast (DTT/DAB+) due to streaming creates long-term headwinds, only partly offset by growth in data centres, mission-critical communications, and IoT. Energy cost exposure from data centres and mast sites, combined with a fixed 1.99 DKK/kWh green-power price commitment to customers, could compress margins during wholesale price spikes. PE exit risk also looms as Agilitas approaches a typical hold-period horizon.

Key strengths: Critical-infrastructure moat with hard-to-replicate physical assets (broadcast towers, ~3,500 km fibre, 5 Tier-3 data centres), Sticky long-term contracts with public sector, broadcasters, defence and utilities, Regulatory tailwinds from EU LTE450, NIS2, and critical-infrastructure resilience focus, Diversified portfolio across broadcast, mission-critical comms, data centres, IP/fibre, IoT, Strong PE owner (Agilitas) supporting bolt-on M&A since 2018

Risk factors: Capital intensity and likely PE-level leverage with refinancing risk in rising-rate environment, Customer concentration in a few large public-sector and broadcaster contracts, Structural decline of linear broadcast (DTT/DAB+) due to streaming, Energy cost exposure from data centres and mast sites with fixed-price customer commitments, PE exit risk as Agilitas approaches typical hold-period horizon

Revenue by geography

Revenue by product/service

Workforce by country

Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.

View the full interactive report