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TDC Q1 net profit rises 22% but revenue drops 6%

2016-05-04 13:32:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC said that revenue in the first quarter of 2016 fell by 5.9 percent to DKK 5.827 billion, with EBITDA down 10 percent at DKK 2.227 billion but net profit rising 22.1 percent to DKK 624 million. It said it maintains its 2016 guidance, and that the launch of the new YouSee box in its home market of Denmark is off to a good start.

Tags: net profit revenue drops

Category:Telecommunications

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