| Type | Publicly traded Aktieselskab |
|---|---|
| Traded as | OMX: TDC |
| Industry | Telecommunications |
| Founded | 1990 |
| Headquarters | Copenhagen, Denmark |
| Key people | Vagn Sørensen (Chairman), Henrik Poulsen (President and CEO) |
| Products | Fixed line and mobile telephony, Internet, digital television, IT services |
| Revenue | DKK 26.17 billion (2010)[1] |
| Operating income | DKK 4.069 billion (2010)[1] |
| Profit | DKK 3.007 billion (2010)[1] |
| Total assets | DKK 64.79 billion (end 2010)[1] |
| Total equity | DKK 20.86 billion (end 2010)[1] |
| Employees | 10,420 (FTE, end 2010)[1] |
| Website | tdc.com |
TDC A/S (formed as an acronym from Tele-Danmark Communications) is the former telecom monopoly in Denmark. It is now privatized. Thus, it is the biggest company in all aspects of telecommunications in Denmark with landline, mobile, Internet, VHF maritime borderline-radio etc.
By the end of 2004, the TDC Group had more than 13.4 mil. customers in Europe: 3.5 mil. landline customers, 7.1 mil. mobile customers, 1.8 mil. Internet customers, and 1.0 mil. cable television customers.
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Over the past decade, TDC developed from a traditional and mainly Danish provider of landline and mobile telephony services into a Danish-based European provider of communications solutions. Deregulation of the Danish telecommunications market in 1996 created a highly competitive market. In 2004, the Danish telecommunications market was fully liberalized. TDC was partly privatized in 1994 and fully privatized in 1998, and at year-end 2004 TDC's shares were held mainly by institutions and retail investors in Denmark, Great Britain and the United States.
In 2006, a group of private equitys firm under the banner Nordic Telephone Company (NTC), offered to buy TDC for a price of about 9.1 billion Euro. Among the group were companies such as Blackstone, Permira, Apax Partners and KKR. The company bought 88% of the shares, but failed to buy more than 90% of the shares and was thus unable to remove the company completely from the Copenhagen Stock Exchange. Also in 2006, TDC pulled out of the UK mobile telephony market, with the closure of their joint venture with Easy Group, Easy Mobile.
In 2007, the Swiss-subsidiary of German supermarket chain, Aldi, announced that they would launch a pre-paid mobile service called Salut!-mobile. This service would be operated as an MVNO running on TDC's Swiss subsidiary, Sunrise.
In 2010, Nordic Telephone Company (NTC) began the process of selling its shares in TDC on the Copenhagen Stock Exchange, initially reducing its 88 percent holding of the company to less than 60 percent.[2]
TDC is organized as six main business lines:
TDC Solutions provides communications services primarily in Denmark and the Nordic countries. Its activities include landline telephony services, convergence products (combined landline and mobile telephony), broadband solutions, advanced security and hosting services, data communications and Internet services, leased lines, sale of terminals and installation.
TDC Mobile International provides mobile services in Denmark and a number of European countries. The domestic activities include the fully owned companies TDC Mobil, a Danish-based mobile operator, and Telmore, a Danish service provider. TDC Mobile International also an 80% stake in Telmore International, which takes care of cooperation with EasyGroup, and until 2008 held a 19.6% stake in Polkomtel, a Polish mobile operator.
Sunrise Communications AG is the second-largest telecommunications provider in Switzerland. Its activities include landline, mobile and Internet services. Sunrise was TDC's primary activity outside the Nordic region, but was sold to CVC Capital Partners for CHF 3.3bn on 28 October 2010.[3]
TDC Cable TV is a Danish provider of cable television and broadband access. Changed its name to YouSee A/S 1 October 2007.
TDC Directories publishes printed, electronic and Internet-based directories in Denmark, Sweden and Finland.
Others include primarily TDC Services, which provides mainly business services for the TDC Group’s domestic business lines.
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