TDC, Denmark’s leading mobile operator in terms of subscribers, has published its financial report for the three months ended 30 September 2013, reporting a 4.4% annual drop in revenue to DKK6.069 billion (USD1.12 billion), down from DKK6.348 billion in 3Q12, mainly attributed to regulation of international roaming, and domestic mobile termination rates (MTRs) in particular, slashed in 2012 by nearly 68%. The regulatory pressures translated into a 36% reduction in the retail data price, according to TDC. Gross profit also declined by 3.3% to DKK4.448 billion in the period under review, from DKK4.599 billion in the corresponding quarter of 2012, while net profit decreased to DKK533.0 million, a 72.0% decline on the DKK1.902 billion reported in 3Q12. Further, the company limited its y-o-y EBITDA decline to 1.9%, from DKK2.628 billion to DKK2.666 million, by generating savings of DKK436 million.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors