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General

Telia buys Get and TDC Norway for NOK 21 billion

Tuesday 17 July 2018 | 08:25 CET | News
Update: 17 July 2018 | 12:18 CET

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Telia Company said it has agreed to buy Get TDC Norway from Danish operator TDC at an enterprise value of NOK 21 billion on a cash and debt-free basis, which will result in a comprehensive supplier and a challenger in the market. The announcement comes shortly after TDC Group was taken over by a consortium of pension funds and Macquarie Infrastructure and Real Assets and decided to split up its Danish operations into network and services arms.

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[17/07/2018 12:18 - Update: Adds TDC's comments on using sales revenue to cut debt]


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Categories: General
Companies: GET / TDC / Telenor Norway / Telia / Telia Norway
Countries: Denmark / Norway
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