A week after posting disappointing Q2 results, Denmark’s TDC dispensed with the services of its CEO, Carsten Dilling, and appointed its CFO of three years, Pernille Erenbjerg (pictured), in his place.

“By mutual agreement with the board of directors Carsten Dilling retires as CEO and member of the Executive Committee of TDC and as chairman of a number of TDC subsidiaries, including TDC Sweden and GET in Norway. These chairmanships will be assumed by Pernille Erenbjerg,” the company said, adding that Dilling will continue as adviser to Erenbjerg for the coming months.

In a separate statement, chairman Vagn Sorensen said: “I believe it is healthy for any company to continuously challenge itself, and once in a while that demands a change in the executive management”.

He added that TDC has changed from a telecom company into a more diverse communications and entertainment firm during Dilling’s time as CEO.

The announcement was not accompanied by a change to 2015 guidance.

At last week’s results, the operator reported a 6.4 percent growth in revenue to DKK 6.030 billion ($883.5 million) and a 4.4 percent rise in gross profit to DKK 4.390 billion, thanks to the $2.2 billion acquisition of Norwegian company Get in December, described by Dilling as the group’s “most significant investment in many years”.

However, Profit for the period decreased by 59.3 per cent, to DKK570 million.

It also said “the number of consumer mobile voice subscribers in Denmark increased for the first time in several years by 13,000” compared to Q1, “marking a shift compared with previous quarterly losses,” although its business subscribers fell by 16,000 in the same period and consumer’s mobile voice ARPU declined by 5 per cent year-on-year, “affected by migration to lower price points and cross selling”.

It also said its unlimited data campaign for existing customers increased data traffic on its network by more than 80 per cent, “having the expected positive effect on customer churn rates and brand loyalty.”

A year ago TDC admitted it would consider a merger offer if it comes along as it felt harsher regulation on roaming and fixed broadband wholesale prices would hurt revenue and profit.

According to GSMA Intelligence, TDC is Denmark’s top operator, with 36 per cent market share, followed by Telenor, TeliaSonera and Three.