The CEO of Danish incumbent TDC believes there’s probably one operator too many in the country’s mobile market.
In an interview with TelecomFinance, Carsten Dilling said the industry is ripe for consolidation. With reference to ongoing EC…
The CEO of Danish incumbent TDC believes there’s probably one operator too many in the country’s mobile market.
In an interview with TelecomFinance, Carsten Dilling said the industry is ripe for consolidation. With reference to ongoing EC investigations of four-to-three mergers in Ireland and Germany, he said he was curious to see what the outcome of those decisions on merger deals across Europe will be.
Dilling however dismissed suggestions TDC could play an active role in consolidating the mobile market, referring to its already-large size.
Last September, private equity firm KKR sold its remaining 11% stake in TDC for DKr4.17bn (US$744m) through an accelerated bookbuild.
The group was the last member of the NTC consortium of PE firms that once owned a majority of the telco, after buying an 87.9% stake in 2005 for US$15.3bn.
The full interview with Carsten Dilling will be published in TelecomFinance Magazine 222/April out later this week.
