TDC sees legacy TV decline but YouTV and Bland Selv rise

Danish telco TDC continued to see its TV base decline in the 12 months to June, but at a slower rate than for the prior year.

TDC had 1.006 million TV customers at the end of June, down 7,000 quarter-on-quarter and down 63,000 year-on-year. However the decline was smaller than for the comparable period for 2019-20, when the telco lost 145,000 TV customers.

TDC also lost broadband and mobile customers over the 12 months period, with the company’s residential broadband base declining by 56,000 to 989,000 and its mobile consumer base falling by 9,000 to 1.943 million.

Monthly TV ARPU fell more sharply than for the comparable prior year period however, declining by DKK21 to DKK284 (€38.19). For 2019-20 ARPU fell by DKK5.

Overall, TDC’s half-year revenues declined by 1.2% to DKK7.947 billion with growth in mobility services partly offsetting declines in internet and network, TV and landline voice. Legacy TV services contributed to a decline in gross profit of 1.1%, with internet and network revenue largely stable thanks to growth in high-speed fibre and coax access.

Consumer services arm Nuuday saw its market share rise modestly, benefiting from positive trends in services including YouTV. The decline in TV numbers was from legacy services, with the YouTV and Bland Selv à la carte offerings registering positive net additions.

The company said that gross profit in TV overall was flat year-on-year, with the decline in traditional TV package revenue-generating units being offset by price increases and the increasing customer base for the Bland Selv and YouTV products.

Revenue from TV amounted to DKK838 million in Q2, down by DKK5 million on the prior year period. H1 consumer TV revenues were DKK1.702 billion, down from DKK1.739 billion.

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