Danish telco TDC’s revenue rises 0.9% in 2009
www.WirelessFederation.com/news: With 0.9% year-on-year increase, Danish telecoms operator TDC ended the year 2009 with a revenue of DKK35.94 billion (USD6.67 billion). Gross profit in full year 2009 amounted to DKK25.79 billion, up 2.4% and company’s earnings before interest, tax, depreciation and amortisation (EBITDA) for the year increased 6.9% compared to 2008 to reach DKK13.05 billion.
Due to cost reductions across all business lines, EBITDA of the company grew by 5% to DKK10.54 million in 2009. According to TDC’s President and CEO, Henrik Poulsen, the company managed to increase its revenue as well as secured significant earnings growth in a difficult market.
The company has expressed its aim to become the best performing telecom company in Europe by 2012, expecting net revenue to grow by 1%-3% in 2010 and EBITDA to increase by 3%-4%.
Russia MTS mobile giant RAS net profit up 80% in 9M05
Mobile TeleSystems [RTS: MTSS] said Friday its net profit, calculated to Russian Accounting Standard, increased 80%, year-on-year, in the first nine months of 2006, to 21.8 billion rubles ($817.7 million).
The company’s revenue in January-September hit 81.2 billion rubles ($3.1 billion), up 49%, year-on-year.
Gross profit on sales jumped 37.5% in the reporting period, to 30.9 billion rubles ($1.16 billion).
Pre-tax profit stood at 29.2 billion rubles ($1.1 billion), up 73.3% from a year ago.
MTS, Russia’s largest mobile phone operator, whose shares are traded on the New York Stock Exchange and on off-exchange markets in Europe, has over 52 million customers in Russia, Ukraine, Belarus, Uzbekistan, and Turkmenistan.
AFK Sistema (RTS: AFKS), one of Russia’s largest diversified corporations, owns a 52.8% share of the company.
Source- en.rian Wireless Mobile Telecom
