Tele Danmark A/S is squirming under what it sees as unduly onerous regulatory targets for its business. But it has now revised its estimated annual loss due to the new regulations to between $75m and $150m, where earlier it calculated that it would suffer total pre-tax annual losses of between $180m and $290m if government plans to price-cap interconnect deals with competitors were imposed on both fixed and mobile telephony under the new telecommunications deregulation bill. The cut is because a clarification from the European Commission to Denmark’s Research Ministry showed that mobile telephony was not included in its interconnect rules.