Failing to reach the Finnish

TDC, the former Danish telecoms monopoly, is on the block after being approached by a group of private equity buyers. Should TeliaSonera, which runs the neighbouring telecoms networks in Sweden and Finland, muscle in on the action? At first glance, it might seem so. Doesn’t the idea of a pan-Nordic network make eminent sense? Surely, a trade buyer can extract more synergies than a private equity consortium. Isn’t this a rerun of France Telecom vs private equity in the battle for Spain’s Amena e...