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General

TDC says Q1 EBITDA in line with FY outlook, Discovery contract expiry hits TV subscriptions

Thursday 7 May 2020 | 12:32 CET | News
Danish operator TDC has reported a 4.1 percent drop in first quarter revenue and a 2 percent decline in EBITDA. It lost 61,000 TV subscribers as the expiry of its YouSee arm's contract with Discovery led to many cancellations, with a knock-on effect on other subscriptions. While the coronavirus causes uncertainty, it had little influence on Q1 so the company is waiting until the end of Q2 to look at its FY guidance.

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Categories: General
Companies: TDC / YouSee
Countries: Denmark
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