European Communications

Last update03:28:10 PM

Mobile growth for Denmark's TDC

Danish telecoms firm TDC has enjoyed growth in the mobile sector over recent months, while also boosting its overall revenues, according to its latest financial results.

In the first half of this year the company's revenues reached the equivalent of €1.8 billion, representing a 0.5 percent increase on the same period of 2011.

The company's EBITDA decreased by 0.7 percent to €0.69 billion, although this was said to be in line with expectations.

Looking ahead, TDC indicated that it still forecasts revenues of between €3.49 billion and €3.56 billion this year.

The firm's mobile growth was reflected by the addition of 43,000 new subscribers in quarter two of 2012, with TDC also boasting a net increase of 23,000 in its subscriber base during the three-month period.

TDC president and chief executive officer Carsten Dilling said that despite the challenging financial environment, the firm "recorded the highest intake of broadband customers for many years and our results were satisfactory" in the first six months of the year.

Mr Dilling was appointed to the role of chief executive officer of the group last month, having previously been executive vice-president of TDC operations. Last year he was also made group chief operating officer.