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TDC's revenue for first quarter 2008 has declined by 0.7% to DKK 9.6bn compared to first quarter 2007. Earnings before depreciation, amortization and special items (EBITDA) decreased by 3.5% to DKK 3.0bn. This appears from TDC's earnings release for first quarter 2008, released today.
Today YouSee presents a Web TV product with access to 16 channels. With the product the TV content is streamed directly to the computer via a broadband connection. This means that for the first time in Denmark, the customers can view TV from different providers on one web page: yousee.dk/web-tv
Today, TDC launches a new ground-breaking music service offering unlimited access to music downloads to their Danish mobile and broadband customers, without additional charge. The new music service called PLAY, premieres tonight at one minute past midnight.
Three of the world's major music companies and a large number of Danish music companies are part of TDC's new music service called PLAY, which launches at midnight on April 1, 2008.
TDC expects revenue to increase slightly in 2008, mainly due to growth in YouSee and the Swiss subsidiary sunrise. It appears from TDC's earnings release, released today.
Today, TDC and Ericsson enter into a strategic partnership agreement ensuring TDC the ability to offer mobile broadband to 99 % of all Danes by 2010.
The Danes pay less to talk on the phone and are at the forefront when it comes to broadband use and mobile telephony.
TDC is going to have a new Chairman of the Board of Directors. The present Chairman, Henning Dyremose, has informed that he wishes to resign from the Board at the next Annual General Meeting this spring. The Board recommends that present Vice Chairman, Vagn Sørensen, takes over the post.
TDC has entered into partnership with US-based iBasis in the market for international telephony.
As of today, TDC offers its customers broadband access via the mobile network with Turbo 3G (HSDPA). Turbo 3G is initially being launched in the cities on the islands of Bornholm, Zealand and Funen and in Southern Jutland where TDC already has 3G coverage.
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