The agreement includes transfer of approx. 2,200 TDC business customers and 22 employees from TDC Business Nordic to Topnordic with effect from June 1 2008 after which Topnordic will take care of all sales and administration of mobile phone terminals and TDC subscriptions to the transferred customers and new customers.
Increasing convergence within IT and mobile phone markets, increased sales focus and implementation of a mobile e-commerce solution integrated with TDC subscription systems are expected to generate revenue growth the coming years in the mobile terminal market. Today the Ementor Group sells mobile phones in all Nordic countries and expects yearly sale of more than 210,000 mobile phones to customers within the Nordic markets in 2009.
”The agreement with TDC is an important strategic agreement for the Ementor Group due to the increasing convergence within IT and mobile communication markets. With this agreement we are establishing a leading position in the enterprise segment within IT and mobile phone markets in Denmark,” says Peter Trans, Managing Director of Topnordic, Denmark.
Employee broadband solutions
AdditionallyTopnordic and TDC have entered into an agreement that Topnordic shall handle all sales and administration of TDC employee broadband solutions in Denmark in close co-operation with TDC Business Nordic. The agreement includes transfer of 10 employees from TDC Business Nordics to Topnordic with effect from June 1 2008 plus a distribution agreement between the parties where Topnordic is paid a fee for sales and administration of employee broadband solutions to all TDC employee broadband customers.
New Director
Topnordic has engaged a new director Søren Jensen with responsibility for sale of employee oriented solutions, such as employee home-PCs, mobile terminals and employee broadband solutions. Søren Jensen has extensive experience within IT and telecommunication. He has previously been Vice President of Sales and Marketing in TDC Business Nordic. Before TDC he was Sales and Marketing Director in DanaData-Merkantildata. Søren Jensen will start in Topnordic June 1, 2008.
The transferred business from TDC to Topnordic is expected to generate revenue of MDKK 200.0 (MNOK 210.0) and EBITDA of MDKK 12.0 (MNOK 12.6) during the first 12 months after completion of the transaction. The total transfer sum agreed with TDC is DKK 1.0 (NOK 1.0).
For further information
Claus Hougesen, CEO Ementor ASA, Mobile
+45 2543 5162Peter Trans, Managing Director, Topnordic, mobile
+45 2543 5174Jesper Mathiasen, Corporate Development Director, Ementor ASA, mobile
+45 7242 8284