TDC Group's Revenues Continues to Fall; Completes Consolidation under Yousee Brand

TDC Group's Revenues Continues to Fall; Completes Consolidation under Yousee Brand Image Credit: TDC

Denmark's TDC Group has announced that it faired better than expected for its second-quarter results, although it posted a 4.0% year-on-year decrease in revenue to DKK 5.2 billion(~$USD780million). The Operator also posted earnings (EBITDA) of DKK 2.1 billion(~$USD310million), representing a 7.2% organic drop in earnings relative to the prior-year period.

During the three months ended 30 June 2016, the Operator recorded an increase in its customer base by a total of 26,000 mobile customers.

TDC said that it has invested heavily in mobile networks to be able to offer the very best connectivity in Denmark, in terms of both coverage and speed. Its mobile customer base, which includes both call subscriptions and pure data subscriptions, grew by 19,000 residential customers and 7,000 business customers during the period. An additional 16,000 business customers have been acquired through the acquisition of Cirque.

On 27 January this year, TDC Group announced the merger of the TDC Consumer and YouSee brands. TDC said that it has successfully consolidated YouSee as a single consumer brand in the Danish market, integrating the cable brand with that of its traditional telephony and IPTV services.

Pernille Erenbjerg, Group CEO in TDC Group
The Danish market is still under pressure, and against this background, the results are satisfactory on most financial parameters. We have succeeded in growing our Danish mobility services for the first time in five years, and we are delivering very strong earnings in Norway, where broadband sales to our TV customers have been good. 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Singtel Q1 Net Profit Increases Marginally Supported by Growth in Mobile Data & Cyber-Security Services

NEXT POST

Mobile Data Drives Up Smart Communications 1st Half Revenues by 55%

THE EDITOR'S DESK

UPCOMING EVENTS

Artelligence 2019

Network Virtualization and SDN Asia

Network Virtualization & SDN Americas

Mobile 360 Digital Societies 2019

TADSummit 2019

MWC Los Angeles 2019

The Digitrans Forum 2019

Mobile 360 Eurasia 2019

ON TWITTER

ON FACEBOOK