TDC: Increased earnings but continued pressure on revenue

TDC’s income before depreciation, etc. (EBITDA) increased by 4.4% to DKK 9.8bn during the first nine months of 2008 compared to the same period last year. The EBITDA margin increased from 31.6% to 33.6% during the same period. This appears from TDC’s earnings release for Q3 2008, released to-day.The increase is mainly due to an increase in broadband and TV customers and lower wages and salaries and pension costs.“It is very satisfying that we are able to increase our earnings in the Nordic Business which is a difficult market. This underlines that the course we have set with our