Highlights for 3Q 2007
• Revenue down by 1.5% to DKK 9,890m, due to lower revenue from landline
telephony and an unfavorable development in the Swiss exchange rate. This was
partly counterbalanced by revenue increases within mobile, broadband and TV.
Adjusted for acquisition and divestment of companies, revenue was down by 1.7%.
• EBITDA down by 2.3% to DKK 3,213m. EBITDA increased due to data
communications & internet, more domestic mobile customers as well as more TV
customers with higher ARPU, which was more than counterbalanced by lower
revenue, more cable faults and sale and leaseback of properties. Adjusted for
acquisitions and divestments of companies, EBITDA was down by 3.4%.
• Net interest-bearing debt reduced by DKK 12.4bn to DKK 44.3bn, due mainly to
the divestment of Bité and Talkline as well as the sale and leaseback of
properties.
Outlook for 2007
• Revenue is expected on a level with revenue in 2006, as the continued growth
in broadband and mobile activities along with the acquisition of Invitel,
offsets the decrease in the landline business and the impact of the divestment
of Bité.
• Net income is expected to decrease by approximately 20% in 2007, as a result
of the changed capital structure and acquisition of Invitel. The estimated
impact from the amendment to the corporate tax legislation has been included in
the outlook for net income.
Please read the full report attached to the link below.
For further information please contact TDC Investor Relations at +45 6663 7680.
TDC A/S
Noerregade 21
0900 Copenhagen C
DK-Denmark
tdc.com
