TDC buys NetDesign

TDC buys NetDesign 


KOBENHAVN C, Denmark, Dec. 1  /PRNewswire-FirstCall/ -- TDC buys NetDesign A/S,
a leading Danish provider of LAN infrastructure to companies, for a total price
of DKK 350m.

NetDesign will strengthen TDC's position in the rapidly growing market for IP
communications solutions to businesses, both in Denmark and towards pan- nordic
corporate customers.

NetDesign's revenues amounted to DKK 287m in 2003, earnings before interest,
taxes, depreciation and amortization (EBITDA) was DKK 24m and capital
expenditures totaled DKK 12m. The company has 124 employees today.

TDC expects the acquisition to have a positive impact on TDC's EBITDA, as well
as EBITDA less capital expenditures, in 2005 and onwards.

"NetDesign is a well-managed company with a solid and predictable growth
potential. We will manage NetDesign with regard and respect for the business
culture and successful business model. IP/LAN solutions are central to the
communications solutions for businesses in the future and NetDesign gives TDC a
unique position in this fast growing marked" says director Martin Lippert, TDC
Business.

NetDesign will continue with the current management and name as an independent
subsidiary under TDC Solutions.

   TDC A/S, Noerregade 21
   0900 Copenhagen C
   DK-Denmark
   http://www.tdc.com/
   [phone]


DATASOURCE: TDC A/S



CONTACT:  TDC A/S, [phone]



Web site:  http://www.tdc.com/

Copyright