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TDC’s financial statements for H1 2010 show a 2.2% increase in revenue to DKK 18.2bn and EBITDA of DKK 6.7bn, up 6.4%.
Oliver Steil has been appointed the new CEO of Sunrise, TDC's Swiss subsidiary, with effect from june 17.
TDC and France Telecom have decided to terminate their agreement to merge their Swiss subsidiaries Sunrise and Orange.
France Telecom and TDC have terminated their agreement concerning the merger of Sunrise and Orange.
TDC's revenue in the first quarter 2010 improved by 1.8% to DKK 9.1bn from DKK 8.9bn in 1Q 2009. Income before depreciation, amortization and special items (EBITDA) rose to DKK 3.3bn, up by 8.1% compared with 1Q 2009. These results are recorded in TDC's financial statements for the first quarter of 2010 published today.
The Swiss Competition Commission ("ComCo") has informed France Telecom S.A. and TDC A/S that it has decided to prohibit the proposed combination of their respective subsidiaries in Switzerland, Orange Communications S.A and Sunrise Communications S.A.
Already before the summer holiday, TDC will be rolling out the next generation of the mobile network; the lightening quick LTE which in the coming years will offer Danes mobile broadband speeds three to four times higher than what is currently possible.
Following the completion of confirmatory due diligence, France Telecom and TDC signed today a final agreement to combine their respective subsidiaries in Switzerland, Orange Communication S.A. ("Orange Suisse") and Sunrise Communications S.A. ("Sunrise").
TDC and Vodafone today announced that they have extended their strategic Nordic Partnership to include Sweden and Norway, in addition to an existing agreement covering Denmark.
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TDC Press
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