Telia Buys Get and TDC Norway for NOK 21 Billion

Telia Company said it has agreed to buy Get TDC Norway from Danish operator TDC at an enterprise value of NOK 21 billion on a cash and debt-free basis, which will result in a comprehensive supplier and a challenger in the market. The announcement comes shortly after TDC Group was taken over by a consortium of pension funds and Macquarie Infrastructure and Real Assets and decided to split up its Danish operations into network and services arms. – Telecompaper