Danish incumbent TDC has begun a strategic review of its IT solutions unit, TDC Hosting.
TDC has not hired external advisers for the review and will instead handle the process itself.
A TDC spokesman told TelecomFinance that the company sees ongoing…
Danish incumbent TDC has begun a strategic review of its IT solutions unit, TDC Hosting.
TDC has not hired external advisers for the review and will instead handle the process itself.
A TDC spokesman told TelecomFinance that the company sees ongoing consolidation in the hosting market and expects this to become increasingly intense in the coming year.
The Copenhagen-based operator is looking to put more focus on its core mobile and fixed-line businesses, but said there was no guarantee that TDC Hosting would be sold in the process.
TDC Hosting is not a large business in the scale of the group as a whole. It accounts for 300 of TDC’s 8,500-strong workforce and brings in DKr500m (US$71m) of the group’s DKr23.3bn (US$3.29bn) annual revenues.
TDC has no plans to dispose of NetDesign, its other, larger business unit and Denmark’s biggest system integrator of IP-based communication.
The Danish incumbent has stated that it aimS to become “the leading Scandinavian communications solutions and home entertainment company”. It made a significant stride in that direction last summer with the purchase of Norwegian cable operator Get for NKr13.8bn (US$2.16bn). It has subsequently been linked with a bid for Swedish cableco Com Hem.
In spite of these acquisitions, analysts have previously suggested to TelecomFinance that in the grand scheme of longer-term consolidation in the Nordic, TDC is more likely a target than a consolidator.
