TeleGeography Logo

TDC 1H: sales fall, profits fall further

15 Aug 2008

Danish telco TDC has reported a 1.3% decline in first half revenues to DKK19.45 billion (USD3.87 billion) compared to the same period of 2007, as a result of lower revenue from traditional landline telephony, divestment of its International Voice Business and lower roaming prices. This was partially offset by a rising wireless and broadband customer base and the divestment of its Baltic subsidiary Bite. EBITA for the six months ended 30 June 2008 increased by 2.2% to DKK6.29 billion, allowing the EBITDA margin to rise from 31.2% to 32.3%. Net income slipped from DKK2.88 billion in 1H 2007 to DKK1.48 billion. The decrease related mainly to the one-off gain from the sale of Bite in 1H 2007.

Operationally, TDC’s total customer base stood at 11.6 million at the end of June 2008, up 4.3% in twelve months. Its domestic customer base slipped by 0.9% to 7.8 million, largely as a result of fewer landline and dial-up internet customers. International customers, made up of the group’s operations in Switzerland, Hungary and elsewhere, numbered 3.76 million.


GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.