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France Telecom, TDC to merge Swiss operations
Quick ReadFrance Telecom to pay TDC €1.5 billion as part of deal to merge their Swiss subsidiaries
PARIS (AP) — France Telecom said Wednesday it will pay €1.5 billion ($2.25 billion) to Danish telecoms group TDC as part of a deal to merge their respective operations in Switzerland.
France Telecom's Orange Switzerland will merge with Sunrise Communications of TDC to build "the leading nationwide alternative provider" of telecom services in the country. Rival Swisscom is the market leader.
France...
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