The Register®

Biting the hand that feeds IT

Swisscom eyes TDC - report

Consolidation-tastic

Danish outfit TDC could become the latest telco at the centre of a bidding war following reports that Swisscom is considering making a bid.

Last week it emerged that a consortium comprising Apax, Blackstone, Kohlberg Kravis Roberts, Permira and Providence stumped up almost $11.5bn (£6.7bn) to make a bid for TDC, although at the time there was speculation that a rival group of investors was also understood to be preparing a bid.

Now, the WSJ reports that Swisscom is considering joining forces with this rival consortium - which includes UK and US investors - to make a $12bn (£6.9bn) bid for the Danish telco.

And just to cover all eventualities, nothing is yet confirmed so Swisscom might decide to go it alone or not bid at all.

Earlier this month Swisscom confirmed that it is in talks to buy Irish carrier Eircom. ® ®

Free report. "Comparing Data Center Batteries, Flywheels, and Ultracapacitors: What is the best energy storage for you?"

Don’t Miss

Warning: roadworksNetbooks and Mini-Laptops

Buyer's Guide They're little and we love 'em. But which ones are best?

SSL covers security embarrassments with EV figleaf

Whitepaper Helping you know scammers from Adam

Emails show journalist rigged Wikipedia's naked shorts

Overstock's Byrne vindicated amidst economic meltdown

Warning StopYours truly, angry mob

Book extract Bringing Nothing To The Party: Cleaning up the net, one satirical vigilante page at a time