Tuesday, September 13, 2005

More Danish stuff

Stepping into the breach left by the Danish Competition Authority, the folks at Citynet have put a Danish translator on the case, and posted their own summary on the site, and I'm hoping that the project extends to the full report eventually. Cash-rich utilities in search of diversification opportunities plan a EUR1.3bn outlay to connect one-third of the households in Denmark. In the case of cooperative utilities, the fiber connection might be given in lieu of a cash dividend to owners. Fiber as an alternative currency! I like it, and am planning to immigrate immediately. Seriously, TDC has underperformed the sector by 1% over the past week since this story trickled out, which seems like a pretty muted reaction to a fiber assault on a large part of what is already Europe's toughest market.

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