Ascom division

5/31/2005, 8:05 AM (Source: GlobeNewswire)
TDC buys Ascom Business Communications division in Switzerland

TDC buys Ascom business communication division, an important Swiss
provider of LAN services and infrastructure to companies, for a price
of DKK 161m[1]. Ascoms business communications division will be
acquired through a net asset deal.

The acquisition of Ascoms business communication division will
strengthen TDC's position in the rapidly expanding market for IP
communications solutions as well as complementing and supporting TDC
Switzerland's service towards Swiss corporate customers' with a need
for IP/LAN solutions.

Closing of the acquisition is subject to certain conditions, most
notably approval of the Swiss competition authorities and consent of
certain major customers.

For further information please contact TDC Investor Relations at +45
3343 7680.
[1] Using a CHF/DKK rate of 4.80.
Noerregade 21
0900 Copenhagen C
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