www.WirelessFederation.com/news: The proposed merger of the Swiss networks of France Telecom and Denmark’s TDC has been called off. Swiss Competition Commission (ComCo) has already blocked the merger and the two companies were considering their options. The merger was announced last November.

The appealed filed with the Federal Administrative Court has also been withdrawn. Together the merged entity would have got 3.4 million mobile and 1.1 million fixed and broadband customers and would have accounted for around 38% of the mobile telephony market and 13% of the fixed broadband connections.

France Telecom would have to pay at closing a net amount of EUR 1.5 billion to TDC, if the merger would have been materialized. Total pro-forma revenues of EUR 2 billion and EBITDA of EUR 534 million would have been generated by the combined entity for 2008.

France Telecom would have become a 75% shareholder in the combined entity, and TDC would have hold the remaining 25%.