TDC Q4 profits and revenue fall as competition bites
COPENHAGEN Feb 5 (Reuters) - Danish telecoms operator TDC on Tuesday reported a fall in fourth-quarter core profits on the back of intense price competition.
Revenue fell to 6.55 billion Danish crowns ($1.19 billion) in the fourth quarter, in line with an average forecast of 6.60 billion in a Reuters poll of analysts.
Earnings before interest, tax, depreciation and amortisation (EBITDA) declined to 2.60 billion crowns, also in line with forecasts.
($1 = 5.5021 Danish crowns) (Reporting by Johan Ahlander; Editing by Mark Potter)
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