TDC to put Hungarian telco up for sale
Danish telecommunications operator TDC has put Hungarian Telephone, Cable Corp. (HTCC) up for sale, Dow Jones reported, citing people familiar with the deal.
TDC said its 64.6%-owned unit HTCC had retained the Paris-based investment bank to review its strategic options.
Last year HTCC completed the purchase of Invitel and became the second biggest telecommunications provider in Hungary, but TDC earlier said that it might want to get rid of HTCC upon completion of the Invitel deal. (MTI – Econews)
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