Julie Mühldorff Sigurd – GC Powerlist
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Denmark 2024

Telecommunication services

Julie Mühldorff Sigurd

General counsel, senior vice president | Nuuday

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Denmark 2024

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Julie Mühldorff Sigurd

General counsel, senior vice president | Nuuday

Team size: 12

What are the most significant cases or transactions that your legal team has recently been involved in?

Our mission in Nuuday is to transform an incumbent organisation without a significant digital footprint into a lean digital operator that is extremely customer centric. This means transforming into a telco that delivers consistently excellent products and customer service. We are every day in the legal department and in compliance supporting this transformation.

We have been and continue to be involved in our partnership with Netcracker, where we in a billion kroner deal are transforming our current legacy IT-portfolio into a greenfield, fully integrated ‘telco in a box’ solution that is cloud-based. The transformation to Netcracker is not only an IT transformation. The project is planned and executed as a business transformation and even more so a close collaboration between the business and Legal Department is key.

In 2023 and 2024, we have been involved in a deal with TCS, where TCS will migrate parts of Nuuday’s IT infrastructure to a TCS hybrid cloud, paving the way for future transformations.

In 2023, we have been involved in the merger between Telia and Norlys as we had competition concerns in the merger.

What would you say are the unique qualities required to be successful as an in-house lawyer in your industry?

The telecom industry is evolving quickly and continues to accelerate, as businesses and consumers seek out game-changing use cases that operate on the back of telcos’ infrastructure investments. To be successful as an internal lawyer in the telecom industry, you need constantly to be on par and sometimes ahead of market trends and understand how these will affect regulators and how the legal landscape will be affected.

How have you fostered a closer collaboration between the legal department and your business counterparts?

Working within an industry that is evolving quickly and within a dynamic and rapidly evolving legal landscape, collaboration has become as vital as ever if we are to succeed.

To foster a closer collaboration with the business, we – as legal professionals – need to come down of our legal ‘ivory tower’ and respect the different areas of expertise of a business. To see opportunities and to understand risks, we need an open and respectful dialogue.

Further, to foster collaboration we – as legal professionals – need to find solutions and not only see problems. This is where it from a legal perspective becomes interesting and challenging but also where the business sees us as a partner that contributes to creating business value.

Finally, I strive to make legal information accessible to those who can benefit from it the most and empower the business with simple, standard contract templates that have our vetting.

Do you have a cause, business-related or otherwise, that you are passionate about?

Inclusion is for me both in professional life and privately key – that we embrace people and enable them to make meaningful contributions. In my team, I strive to develop an inclusive culture, such that they feel their voices will be heard and that working conditions can be adapted to the individual.

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