TDC target for take-over - report
Rumour mill keeps on turning
Posted in Financial News, 18th April 2005 15:52 GMT
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The rumour mill is working overtime following press reports that Danish telco TDC could be snapped up by an international group of investors.
TDC - the outfit that helps run discount mobilephoneco easyMobile in the UK - is reportedly on the shopping list of some unnamed investment funds, according to Danish newspaper Jyllands-Posten.
Further speculation concerning the future of TDC comes less than a fortnight after TDC was named as a possible suitor for UK telco Colt. At the time TDC declined to comment on what it described as rumour and speculation.
In September TDC - previously Tele Danmark - announced it was buying Swedish IP and business telecoms outfit Song for $552m. Song provides business with IP and data services and operates in Denmark, Finland, Norway and Sweden. ®
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