TDC Group posted falling revenue in 3Q 2020, despite strategic changes
- Report Description Table of Contents
"One of the main challenges for TDC Group will be overcoming competition from utilities companies in the fixed broadband market."
The Danish incumbent TDC Group started to modernise its organisation and revamp its portfolio of services in 2019. However, the benefits of these structural changes in terms of revenue and EBITDA growth have yet to materialise. 2020 has proven to be a challenging year for TDC Group, not just because of the COVID-19 outbreak. Indeed, revenue continued to decline in the first 9 months of 2020 (year-on-year).
This comment provides a brief summary of the operator’s 3Q 2020 financial and operational results, which are available in the Analysys Mason DataHub and as part of our European Telecoms Market Matrix and Global Telecoms Data programmes.