TDC's Q3 results fulfilled expectations despite
continued intense competition in the Danish
telecommunications market. In the first nine months of
2012, revenue declined by 0.3% to DKK 19.6bn.
"The Interim Report published today still bears the
mark of a very fiercely competitive environment. I am
therefore pleased to be delivering solid results,
particularly the strong developments in broadband and
mobile services for residential customers," says
Carsten Dilling, TDC's President and CEO.
TDC's broadband business continues to prosper across
brands and technologies with record-low PSTN churn recorded
by TDC Consumers, and continuous strong results delivered
within TV. The President also highlights the overall mobile
"We do not wish to perpetuate the short-term price
war, but will focus on added value and supplementary
services for our customers. That is why I'm very
pleased to see that sales of our new Family Mobile package
are exceeding all expectations. It is also highly
satisfactory to see an increase in ARPU for the second
consecutive quarter in TDC Consumer," says Carsten
Stricter EU roaming regulation had a negative impact on Q3
results, particu-larly on the mobile business in TDC
The Interim Report also shows that TDC has continued
improving operating efficiency within the Group, reducing
total operating expenses by 7.5% compared with Q3 2011. The
total number of hours spent on fault handling fell by
19,7%, which contributed significantly to this development.
"I'm looking forward to launching TDC's 2015
Strategy on 6 November. I can also promise our customers
that they have a real treat in store. With, the launch of
YouBio and the build-out of our 4G network, for example, we
will be further developing TDC's unique market position
in the future," explains Carsten Dilling.
TDC affirms its guidance for 2012: Revenue of DKK
26.0-26.5bn and EBITDA bpi of DKK 10.3-10.5bn. As announced
earlier, the total dividend for 2012 is expected to be DKK
4.6 per share.