Feeds

TDC gives the nod to $12bn take-over

Another telecoms saga

Business security measures using SSL

Execs at TDC have agreed to flog the Danish telco to a group of investment companies ending weeks of speculation about the future of business.

Widely trailed already, an outfit called Nordic Telephone Company (backed by investors Apax Partners, The Blackstone Group, Kohlberg Kravis Roberts & Co, Permira and Providence Equity Partners) has offered $12bn (£7bn) for the business.

Although it's possible that a rival bid could be made industry watchers are already suggesting that looks unlikely.

TDC is active in central and northern Europe with operations in Sweden, Austria and the Middle East, among others. In the UK, it is behind no-frills discount cellco easyMobile which has recently expanded its operation into The Netherlands and Germany.

A year ago TDC - previously Tele Danmark - announced it was buying Swedish IP and business telecoms outfit Song for $552m. Song provides businesses with IP and data services, and operates in Denmark, Finland, Norway and Sweden. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.