Re-organisation, Merger With Certain Subsidiaries and Enlargement of the Executive Committee of TDC A/S


COPENHAGEN, Denmark, May 1, 2007 (PRIME NEWSWIRE) -- TDC has decided to accomplish a re-organisation with effect from July 1, 2007. The scope is among other things to achieve an increased businesslike integrated organisation for TDC's Nordic business. In future, TDC will in the Nordic region comprise 4 business units, Business Nordic, Fixed Nordic, Mobile Nordic and the existing Cable TV.

Further, it has been decided to merge TDC A/S with the subsidiaries, TDC Totalloesninger A/S, TDC Mobile International A/S, TDC Services A/S, TDC Mobil A/S and certain minor subsidiaries. The merger will be accomplished as soon as possible with effect retro-actively from January 1, 2007. The background for the merger is that TDC wants to implement a simplified legal structure, which is aligned with the new organisation. TDC Kabel TV continues as a separate legal entity, which is 100% owned by TDC A/S.

Finally, in connection with the decision regarding the re-organisation it has been decided to enlarge the Executive Committee of TDC A/S with the following 2 new members:

Klaus Pedersen, aged 39, who has been with the TDC Group since 1992, since 2005 as managing director of TDC Totalloesninger A/S responsible for Business. Klaus Pedersen will in the future organisation be responsible for Business Nordic.

Eva Berneke, aged 38, who will be engaged with the TDC Group from July 1, 2007 responsible for strategy. Eva Berneke has been with McKinsey & Co since 1994, since 1998 as partner of its branch in Paris.

The Executive Committee of TDC A/S will from July 1, 2007 consist of Chief Executive Officer and President Jens Alder; Chief Financial Officer Hans Munk Nielsen; Managing Director, Mobile Nordic Mads Middelboe; Managing Director, Business Nordic Klaus Pedersen; Group Strategy Officer Eva Berneke; Group Head of Staff Henriette Fenger Ellekrog.

http://hugin.info/2234/R/1123182/207443.pdf



            

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