TDC : TDC acquisition of Get completed


TDC announces that the acquisition of Get AS is completed. The purchase price for the company on a cash and debt free basis amounts to NOK 13.8bn (~DKK 12.5bn).

 

TDC confirms the 2014 guidance for our present activities. Including the acquisition of Get, TDC's 2014 guidance will be as follows:

 

    
Previous guidance
 
Updated guidance
Organic revenue Decrease less than in 2013 (2013: -3.5%) Decrease less than in 2013 (2013: -3.5%)
EBITDA > DKK 9.6bn > DKK 9.7bn
CAPEX DKK 3.7bn ~ DKK 3.8bn
DPS DKK 2.50 DKK 2.50

 

Our guidance for 2014 is based on comprehensive financial plans for each individual business line. However, by their very nature, forward-looking statements involve certain risks and uncertainties. The risks and uncertainties are described in more detail in the section on risk factors and in the Disclaimer in TDC's Annual Report.

         TDC A/S
         Teglholmsgade 1
         0900 Copenhagen C
         DK-Denmark
         tdc.com


Attachments

Release 17-2014 Closing af Get - UK.pdf