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Tag: tdc
TDC Q2 revenue dragged down by domestic B2B unit
2016-08-10 02:00:00| Total Telecom industry news
Danish incumbent feeling the effects of aggressive price competition.
Tags: unit
domestic
revenue
b2b
TDC rejects takeover offer
2016-07-08 02:00:00| Total Telecom industry news
Danish operator confirms preliminary approach but describes it as 'financially inadequate'.
Tags: offer
rejects
takeover
tdc
TDC exits Sweden in sale to Tele2
2016-06-21 09:01:00| Telecompaper Headlines
(Telecompaper) Danish operator TDC is exiting the Swedish market and selling its activities there to Tele2. Tele2 will acquire TDC Sweden at an enterprise Value of SEK 2.9 billion, helping strengthen its position in the B2B segment on its home market. TDC Sweden serves the public sector and many blue-chip customers in Sweden with a range of connectivity services. It generated net sales in 2015 of SEK 3.4 billion and EBITDA of SEK 0.4 billion. The operations had 809 full-time employees at the end of 2015. For TDC, thing brings to an end its strategic review and leaves the company focused on Denmark and Norway. It will continue to cooperate with Tele2 in Sweden to serve business customers there. Tele2 expects synergies of SEK 300 million in annual opex and capex and SEK 200 million in one-off capital expenditure thanks to the deal. It plans a rights issue to raise SEK 3 billion to strengthen its balance sheet after the acquisition.
Tele2 strikes 311m deal for TDC Sweden
2016-06-21 02:00:00| Total Telecom industry news
Acquisition strengthens telco's B2B credentials; rights issue planned to maintain Tele2's financial strength.
Tags: deal
sweden
strikes
tele2
TDC tests 1-Gbps LTE-A Pro
2016-06-10 02:00:00| Total Telecom industry news
Danish incumbent aims for 2017 commercial rollout.
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