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General

TDC sets eye on acquisitions in Sweden

Wednesday 9 July 2014 | 10:10 CET | News
Danish operator TDC wants to acquire SMEs in Sweden in a bid to counter falling revenues in its home market, chief executive Carsten Dilling told Reuters. Dilling said the operator, like other incumbents, has seen its fixed-line business hit by mobile phones and its mobile business facing stiff competition. He added that even though the number of sales and revenue generating units are not decreasing, the earnings per customer is. The group has responded by buying a majority stake in a sports betting business, by launching a new mobile service that includes streamed music, movies and

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Categories: General
Companies: TDC
Countries: Denmark / Sweden
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