* TDC Q4 revenue 6.55 bln DKK vs 6.60 bln forecast
* Q4 EBITDA 2.60 bln, in line with forecasts
* Says keeps 2013 dividend outlook unchanged
(Adds details, background, comments, share price)
COPENHAGEN, Feb 5 Intense competition in the
Danish mobile telephone market and tougher regulations in Europe
hit fourth-quarter profits and revenue at TDC,
Denmark's former state-owned telecoms monopoly said on Tuesday,
TDC said revenue fell to 6.55 billion Danish crowns ($1.2
billion) in the 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 2.6 billion crowns, also in line with
The group said it had continued to invest in landline
networks but that intense competition, particularly in the
mobile segment, had put pressure on prices.
"These achievements cannot detract from the decrease in
earnings from mobility services due to significant price
pressure," TDC said.
It added regulation of mobile termination rates and
international roaming charges had also hurt revenue.
Mobile termination rates are when operators offer their
customers the ability to call a mobile number, paying mobile
operators a wholesale charge to complete those calls.
In July last year, TDC appointed Carsten Dilling as chief
executive. In November, it launched a new strategy warning
profits and dividends would be lower in 2013 compared with 2012,
because it needed to spend more to upgrade its network and
respond to new regulations.
TDC said it saw 2013 EBITDA of 10.0-10.2 billion crowns and
revenue of 25.0-25.5 billion. It also stood by its forecast for
a 2013 dividend of 3.70 crowns per share.
"The earnings outlook for 2013 is in line with what I had
expected," said Sydbank analyst Morten Imsgard.
"Turnover guidance is a little lower which is primarily due
to EU regulation of mobile termination rates," he added.
Fourth-quarter gross profit in TDC's mobile business fell by
about 12 percent to 1.54 billion crowns, compared with the same
quarter a year earlier.
(Reporting by Johan Ahlander and Mette Fraende; Editing by Mark