TeleGeography Logo

TDC shareholders mull sale

9 Feb 2012

The owners of the Danish telco TDC are reportedly looking to sell off part of their stake. Private equity firms Apax Partners, Blackstone Group, KKR & Co, Permira Advisers and Providence Equity Partners, which together call themselves Nordic Telephone Company (NTC), may reduce their interest in the operator via a block sale of shares in the next few months, Bloomberg reports. The five companies currently hold 59.1% of TDC’s shares, having already reduced their combined stake from 87.9% via an offering in December 2010. The news portal cites an unnamed source who claims that the NTC partners are currently watching markets and will consider a sale if TDC’s share price rises from the current level of DKK44.90 (USD8) to nearer its December 2010 value of DKK51.


GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.