TDC Divests Dan NetDivestiture Agreement • July 23rd, 2004 • TDC a/S • Telephone communications (no radiotelephone)
Copenhagen, Denmark - TDC has signed an agreement to divest Dan Net A/S, a provider of inter-operator billing services for mobile and fixed telecommunications providers, electronic data interchange (EDI) and E-business solutions, to MACH S.a.r.l, which is owned by Advent International and Providence Equity Partners. After the close of the transaction, Dan Net will be combined with MACH thereby creating a leading global provider of inter-operator billing services.
