Information  X 
Enter a valid email address

TDC A/S (66LT)

  Print      Mail a friend

Friday 19 January, 2007


TDC divests its Baltic subsidiary Bit�

Today TDC A/S ("TDC") announces that a final agreement has been
signed regarding the divestiture of its 100 percent-owned Baltic
mobile operator Bité Lietuva ("Bité") to the Central and Eastern
European private equity fund Mid Europa Partners.

The total cash consideration is EUR 0.45bn. TDC's gain from the sale
of the shares is taxfree and is estimated to be approximately DKK
1.2bn., which will be included in the 1Q 2007 statement of income
under special items. The transaction is expected to close in early
February 2007.

For further information please contact TDC Investor Relations on +45
3343 7680.

Noerregade 21
0900 Copenhagen C



a d v e r t i s e m e n t