Danish operator operator TDC has seen its revenue rise slightly by 0.5 percent to DKK 26.8 billion in the first nine months. EBITDA increased by 7.3 percent to DKK 9.7 billion, while EBITDA margin was 36.2 percent, up from 33.9 percent in the first nine months of 2008. TDC's total customer base grew by 7.4 percent to 11.4 million customers and its domestic customer base grew to 8.5 million, up by 3.4 percent, reflecting an influx of mobile, TV and mobile-broadband customers. TDC's Swiss subsidiary, Sunrise, is continuing its strong development with revenue of DKK 7.3 billion in the first nine months, up by 15.1 percent, and EBITDA of DKK 1.8 billion, up by 19.3 percent. Revenue and EBITDA growth are both related to organic growth in mobile operations, the acquisition of Tele2 and a favorable exchange-rate development. TDC's cash flow from operating activities grew by DKK 2.2 billion or 37.5 percent compared with the first nine months of 2008. TDC's net interest-bearing debt totaled DKK 28.6billion at the end of 3Q as opposed to DKK 40.5 billion in the year ago period. The outlook for 2009 remains unchanged. TDC's revenue and net income from continuing operations excluding special items are expected to be level with 2008.
