On Wednesday morning, TDC Group delivers an interim report in line with the outlook for the year. The figures for Q2 show that TDC Group is growing its customer base by a total of 26,000 mobile customers, while at the same time succeeding in stabilising annual revenue per user (ARPU) in the residential market. For the first time in five years, the gross profit from mobility services is growing.
TDC Group is posting revenue of DKK 5.2 billion for Q2 and earnings (EBITDA) of DKK 2.1 billion, representing a 7.2% organic drop in earnings relative to the prior-year period.
- The Danish market is still under pressure, and against this background, the results are satisfactory on most financial parameters. We have succeeded in growing our Danish mobility services for the first time in five years, and we are delivering very strong earnings in Norway, where broadband sales to our TV customers have been good. Our greatest challenge is still the Danish business market, which is characterised by intense price competition, says Pernille Erenbjerg, Group CEO in TDC Group.
In the previous five quarters, year-on-year comparisons revealed a fall in revenue per mobile customer with voice subscriptions in the residential market, whereas this time revenue has been stabilised, and more mobile customers have come on board in the most recent quarter.
- We have invested heavily in our mobile network so as to be able to offer the very best connectivity in Denmark, in terms of both coverage and speed. A subscription with one of our brands is a ticket to one of the best networks in the world, and this is, of course, very important to our customers, explains Pernille Erenbjerg.
Exclusive of acquisitions, the mobile customer base, which includes both call subscriptions and pure data subscriptions, grew by 19,000 residential customers and 7,000 business customers in the period. An additional 16,000 business customers have been acquired through the acquisition of Cirque.
TDC Consumer is now YouSee
On 27 January this year, TDC Group announced the merger of the TDC Consumer and YouSee brands. This triggered one of the biggest digital migration projects in Danish history, migrating more than one million customers to a joint IT system.
- The transformation from TDC Consumer to YouSee is an immense and demanding project, but also the right decision for all parties. Being a customer with us will be both simpler and better when we combine the best of the two brands into a single platform, and at the same time we will be offering the best possible level of connectivity to customers at their home address. And making everything simpler and better for our customers also means making it simpler and better for ourselves. We still have a fair bit of work ahead of us, but the first difficult and important steps have now been taken, says Pernille Erenbjerg.
The change from TDC Consumer to YouSee is also evident in the Danish townscape. The 45 TDC shops in Denmark are now YouSee shops in the green YouSee colour.
Additional information:
TDC Press, tel. +45 70 20 35 10
Most recent headlines
04/08/2024
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet, a leading technology and service provider for media-rich organizations, a...
02/05/2024
Bally Sports Regional Networks were taken off Comcast's systems on April 30 when their existing distribution agreement expired and Diamond Sports Group was ...
02/05/2024
SOUTHPORT, Conn. and EL SEGUNDO, Calif. Diamond Sports Group ( Diamond or the Company ) and DirecTV have announced that they have reached a multi-year renewal...
02/05/2024
IRVING, Texas Nexstar Media Group has announced that its owned and operated television stations in Chicago, Illinois (DMA #3), Norfolk, Virginia (DMA #43), and ...
02/05/2024
WASHINGTON, D.C. The Federal Communications Commission and Federal Trade Commission have signed a Memorandum of Understanding to coordinate consumer protection ...
02/05/2024
MONTREAL Haivision Systems Inc. is marking its 20th anniversary by detailing some of the accomplishments and developments that have helped the company become a ...
02/05/2024
SANTA CLARA, Calif. Agora today unveiled its Adaptive Video Optimization (AVO) technology that uses machine learning to adjust parameters dynamically at every s...
02/05/2024
NEW YORK Kantar has released a new study showing the U.S. streaming market has hit a saturation point, with the household penetration rate stagnating and at nea...
02/05/2024
NEW YORK Samba TV is debuting new capabilities for Samba AI, the company's suite of generative AI technologies, at the 2024 IAB (Interactive Advertising Bur...
02/05/2024
GSTV, the network that programs screens at gas stations, will be talking about new research and new programming at its NewFront presentation Wednesday....
02/05/2024
New technique improves T cell-based immunotherapies for solid tumors Scripps Research scientists help T cells more effectively kill solid tumors cells in vitro ...
01/05/2024
Owen (Justice Smith) and Maddy (Brigette Lundy-Paine) develop an eerie connection to a supernatural TV show in Jane Schoebrun's I Saw the TV Glow....
01/05/2024
Spotify's Star Wars celebrations are in full Force starting today, and this ...
01/05/2024
All around the world, millions of Spotify fans love listening to hardcore punk m...
01/05/2024
THE CALL FOR THE FIFTH PRESIDENTIAL EMPLOYMENT STIMULUS PROGRAMME (PESP5) FOCUSE...
01/05/2024
QTAKE, the leading video assist and on-set collaboration software trusted by professional filmmakers worldwide, launched a new cutting-edge feature at NAB 2024....
01/05/2024
In HPA's ongoing focus on providing input and insight from city and county g...
01/05/2024
HPA Newsline had the opportunity to speak with Caleb and Shelby Ward, founders of Curious Refuge. Caleb and Shelby were participants in the 2024 HPA Tech Retrea...
01/05/2024
L3Harris works with air navigation service providers who efficiently manage air ...
01/05/2024
Scott Alexander, Missile Solutions President, Aerojet Rocketdyne...
01/05/2024
NEW YORK Just over half of U.S. viewers are frustrated over their ability to be able to find content to watch on TV according to Comcast....
01/05/2024
Bally Sports Regional Networks were taken off Comcast's systems on April 30 when their existing distribution agreement expired and Diamond Sports Group was ...
01/05/2024
NXTGENbps battery solutions are designed to replace diesel generators and offer silent, emission-free power for various applications in film, TV, outside broadc...
01/05/2024
Light Iron, the post-production creative-services division of Panavision, is excited to announce that lodie Ichter has joined the company's artist roster a...
01/05/2024
CJP Broadcast Service Solutions, systems integration, production and content digitisation specialist, will feature live motion capture demonstrations at the 202...
01/05/2024
Media Links, manufacturer and pioneer in Media over IP transport technology, has partnered with Sunteq spol s.r.o., a leading reseller located in Slovakia to st...
01/05/2024
Dot Group, a leader in cutting-edge data management solutions and the premier European reseller of critical Broadcast supporting IBM technologies, will demonstr...
01/05/2024
Glensound, industry leader in high quality audio systems, is showcasing the latest additions to its extensive portfolio of networked audio products at MPTS. Aud...
01/05/2024
Hitomi Broadcast, a leader in audio/video alignment and latency solutions, will be demonstrating advancements in SMPTE ST2110 workflows ensuring broadcasters ha...
01/05/2024
Taking a leading role in the 30th anniversary CABSAT exposition (Dubai World Trade Centre, 21 23 May), the GREAT Britain and Northern Ireland pavilion will fe...
01/05/2024
NXTGENbps, a pioneer in green energy solutions, proudly announces its partnership with Notorious DIT, a leading provider of digital imaging technology services ...
01/05/2024
As Cambridge celebrated its double win over Oxford in the 2024 Boat Race, behind the scenes celebrations were also taking place at Videosys Broadcast to mark th...
01/05/2024
A popular - and free - summer concert series is coming back to downtown Raleigh!
WRAL is proudly partnering with Downtown Raleigh Alliance for its Live After ...
01/05/2024
Cadent said it launched Performance TV, designed to increase the effectiveness of campaign by combining the reach of traditional linear TV with the targeting of...
01/05/2024
Eric Johnson, anchor at KOMO Seattle, will retire as of June 6. Johnson anchors the 5 and 6 p.m. weekday newscasts and writes/produces/hosts Eric's Heroes,...
01/05/2024
T-Mobile said it is expanding its advertising business, creating an in-store retail media network and adding Plex, the video streaming platform for its footprin...
01/05/2024
Samsung Ads said it was introducing new opportunities for advertisers to use data about its viewers to target viewers across the full marketing funnel at its Ne...
01/05/2024
Samsung's ad-supported streaming platform Samsung TV Plus is putting more sports in its lineup with free channels about baseball, golf, hockey, auto racing ...
01/05/2024
Rather, a documentary about famed newsman Dan Rather, premieres on Netflix May 1. The film looks at his rise to prominence in TV news, including his work coveri...
01/05/2024
Ken Wayne, evening anchor at KRON San Francisco, is retiring after 33 years in Bay Area television. He was born in Marin County, started his journalism career a...
01/05/2024
ShowSeeker, the company behind the Pilot cloud-based order management system, said it promoted Jeff Blaszak to senior VP of business operations and strategy....
01/05/2024
Great American Media said it reached an agreement with VideoAmp that will enable clients to use VideoAmp's ad buying measurement and data capabilities when ...
01/05/2024
NXTGENbps battery solutions are designed to replace diesel generators and offer silent, emission-free power for various applications in film, TV, outside broadc...
01/05/2024
Sales rose to $25bn during the first three months of 2024, up 17 per cent year-on-year
By Matthew Corrigan
Published: May 1, 2024
Sales rose to $25bn duri...
01/05/2024
NEW YORK NBCUniversal and Roku are teaming up to offer the NBC Olympic Zone on Roku, a new destination on the Roku Home Screen Menu. The dedicated channel wil...
01/05/2024
Freely the new streaming service backed by Britain's leading broadcasters BBC, ITV, Channel 4 and Channel 5 is now available through the next generation of ...
01/05/2024
NEW YORK A new report on free, ad-supported streaming channels indicates that their growth continues to accelerate, with the number of channels hours views and ...
01/05/2024
MONTREAL VuWall has enhanced its VuStream 150 H.264 video encoder with new features and capabilities, including support for HDMI signals at resolutions up to 38...
01/05/2024
NEW YORK At the IAB NewFronts 2024, Samsung Ads announced a new lineup of premium sports, music, family and entertainment content on its leading FAST service Sa...