TDC sees drop in 2016 EBITDA, scraps rest of 2015 dividend

Wednesday 27 January 2016 | 10:53 CET | News
TDC has presented a group strategy for 2016 to 2018 and said a simplified operating model is expected to yield annual cost savings in Denmark of DKK 600 million to DKK 700 million by 2018. It has warned of a fall in EBITDA in 2016 and said it is cancelling the rest of its 2015 dividend. TDC will disappear as a consumer brand in Denmark in July, to be replaced by YouSee.

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Categories: General
Companies: GET / TDC / YouSee
Countries: Denmark
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