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Broadband

TDC completes Get deal, little change to FY expectations

Tuesday 21 October 2014 | 11:56 CET | News
TDC said is has completed the acquisition of Norwegian cable operator Get for NOK 13.8 billion or DKK 12.5 billion on a cash and debt-free basis. The deal has done little to change TDC's expectations for its 2014 results. It still says the fall in organic revenue is expected to less than the 3.5 percent that occurred in 2013 and still expects EPS of DKK 2.50. It now expects EBITDA to be greater than DKK 9.7 billion, up from greater than DKK 9.6 billion before the purchase of Get. It expects capital expenditure to be approximately DKK 3.8 billion, compared with its previous expectation of DKK

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Categories: Fixed / General
Companies: GET / TDC
Countries: Denmark / Norway
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