Solid performance in a challenging market
- Revenue up 0.4% and EBITDA up 1.6%
- Strong growth within pay-TV and TDC Nordic
- Gross profit increase in mobility services despite fierce price competition
- Profit from continuing operations excl. special items up 34.7%
- Strong 12.9% growth in equity free cash flow
- Net interest-bearing debt to EBITDA of 2.0x
- Domestic mobile subscription base up 67k excl. Onfone; Onfone contributed an additional 193k (prior to migration churn)
- Continued pressure on residential mobile subscription ARPU due to price competition
- 2011 guidance confirmed
- Expected 2011 dividend: DKK 4.35, of which DKK 2.18 will be distributed on 10 August 2011
For inquiries regarding the report please contact TDC Investor Relations at +45 6663 7680 or investorrelations@tdc.dk
TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com
