Third quarter results for TDC satisfied expectations, despite continued competition in the Danish telecommunications market, the company has claimed.

Profit rose over 29 percent to €145 million, but revenues fell 1.9 percent year-on-year to €851 million between July and September.

TDC highlighted stricter EU roaming regulations as a reason for the decline in the third quarter results, and it claimed that mobile business operations within TDC Business had been particularly affected.

The company's Interim Report did reveal some positive trends however, with TDC continuing to improve its operating efficiency within the group, reducing total operating expenses by 7.5 percent over the past 12 months.

This trend was in part due to the fact that time devoted to fault handling was reduced by 19.7 percent.

TDC's broadband business also continues to perform well, while strong results were delivered within TV.

President and CEO Carsten Dilling said the results bear the mark of a "very fiercely competitive environment". 

He added: "I am therefore pleased to be delivering solid results, particularly the strong developments in broadband and mobile services for residential customers.

"We do not wish to perpetuate the short-term price war, but will focus on added value and supplementary services for our customers.

The fact that ARPU in the company's consumer business rose for the second consecutive quarter was "highly satisfactory" according to Dilling.

TDC announced that it has affirmed its guidance for 2012.

It predicts revenues will reach between €3.5 billion and €3.6 billion, while EBITDA will reach around €1.4 billion.

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