Telia eyes TDC

The Telia management is keen to acquire Danish operator TDC, according to Dagens Industri sources. However, if Telia is to realise its plans, it will have to raise money to fund the deal through a rights issue to shareholders. TDC is valued at some SKr 40 billion. It is uncertain how the government, which owns a share in the operator, would react to such a move though.

The business daily also reports that TDC intends to take measures to avoid being bought out, and has plans to make an offer on Swedish broadband and cable operator Com Hem, valued at SKr 17 billion.