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General

TDC Q3 revenue and profits shrink as capex surges 35% to invest in fibre and 5G

Thursday 14 November 2019 | 12:29 CET | News
TDC has reported lower revenues and profits in the third quarter as it increased capital expenditure by 35 percent year on year to over DKK 1 billion, driven by fibre deployments and 5G preparations. TDC passed 15,000 new addresses by fibre during Q3. As expected, EBITDA was affected by the higher investments and costs related to the reorganisation of TDC.

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Categories: General
Companies: TDC
Countries: Denmark
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