TDC A/S

TDC A/S
Publicly traded Aktieselskab
Traded as Nasdaq Copenhagen: TDC
Industry Telecommunications
Founded 1990
Headquarters Copenhagen, Denmark
Key people
 Vagn Sørensen (Chairman), Pernille Erenbjerg (President and CEO)
Products Fixed line and mobile telephony, Internet, digital television, IT services, satellite phone, Web hosting
Revenue DKK 23.344 billion (2014)[1]
DKK 3.808 billion (2014)[1]
Profit DKK 3.228 billion (2014)[1]
Total assets DKK 74.4 billion (end 2014)[1]
Total equity DKK 18.6 billion (end 2014)[1]
Number of employees
 8,594 (FTE, end 2014)[1]
Website tdc.dk

TDC A/S (formerly Tele Danmark) is a Danish telecommunications company dating back to 1879. TDC is the largest telephone company in Denmark with 8.5 million customer relations (end of 2014[1]) within telephony, broadband, and television. The company's headquarters are located in Copenhagen. Even though the Danish home market is the primary focus of business, TDC is also represented as a market challenger in Norway, Sweden, and Finland through the business unit TDC Nordic.

Beside the parent company, the TDC-group consists of a number of subsidiaries and brands: Companymobile, Dansk Kabel TV, Fullrate, Get AS, Cirque A/S, NetDesign, Telmore, Unotel, and YouSee.

History

On 21 August 1882 Carl Frederik Tietgen took over The International Bell Telephone Company, an American-owned telephone exchange on Lille Kongensgade in Copenhagen, for DKK 200,000 and founded Kjøbenhavns Telefon Aktieselskab, KTS, later Kjøbenhavns Telefon Aktieselskab, KTAS. 21 August 1882 is therefore considered TDC’s foundation date.

In 1990 KTAS was renamed to Tele Danmark.

In November 1990 the Danish parliament passed a law paving the way for a nationwide telecommunications provider with the aim of creating a strong Danish telco that was better able to compete in a growing international market. Tele Danmark was created as a new umbrella parent company for the existing regional telecos.

In 1995 this co-operation was taken one step further when the four regional companies were formally merged into Tele Danmark.

In January 2000 TDC got a new logo with five ovals in red, yellow, green, turquoise and blue colour. In December 2000 Tele Danmark changed its name to TDC. At the same time it demerged into a parent holding company and a number of subsidiaries with the purpose of increasing customer focus, creating greater transparency and achieving faster time to market for products and services.

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, the United Kingdom and the United States.

In 2006 TDC adopted a new logo which consists of a cursive rounded-rectangle in blue colour. The text "TDC" appears in the rectangle and remind that the letter "D" is cut a little bit. A group of private equity firms 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 telephone market, with the closure of their joint venture with EasyGroup, EasyMobile.

In 2007 TDC folded its subsidiaries back into the parent company with the exception of TDC Kabel TV, which continued as an independent legal entity in order to maintain and strengthen its core competences. To emphasise a separate identity for its cable television operations TDC Kabel TV changed its legal name to YouSee A/S on 1 October 2007.

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]

In 2012 TDC had a total revenue of 26 billion DKK, and employed around 9,000 people in Denmark.

In 2014 TDC purchased the Norwegian telecommunications firm Get AS for 12.5 billion Danish crowns.[3]

In 2016 TDC purchased Danish IT- and telecom provider Cirque A/S for an unspecified amount.

Logos

1990-1999 Tele Danmark introduced its first logo in 1990. It is a cursive square in blue colour which carries the text "TELE" (The "E" letters without the cursive line). The text "DANMARK" is next to the blue square.

2000-2005 Tele Danmark adopted its new logo in January 2000. The new logo has five ovals in red, yellow, green, turquoise and blue color. By December 2000, Tele Danmark was renamed to TDC and redesigned its 2000 logo as the text "Tele Danmark" gets removed from the logo.

2006-present This logo for TDC is from 2006. Not in 2007. On New Year's Day 2006 TDC discontinued the 2007 reband and introduced a new logo. The new logo consists of a cursive rounded-square in blue color which carries the text "TDC" inside. Note that the letter "D" is almost cut out. TDC came to live in October 2006 with a brand new look of some coloured dots in various colors. The Danish design agency Kontrapunkt is handling TDC's 2006 logo. In 2012 TDC's 2006 logo was redesigned by Kontrapunkt and adopted a new identity.

Activities

TDC is organized as six main business lines:

See also

References

  1. 1 2 3 4 5 6 7 "Group Annual Report 2014" (PDF). TDC. Retrieved 20 August 2015.
  2. ↑ "Bloomberg Business". Bloomberg.com. Retrieved 29 July 2015.
  3. ↑ "Deals of the day- Mergers and acquisitions". Reuters. Retrieved 29 July 2015.
  4. ↑ "Denmark's TDC to launch unlimited business calls in Europe". Investing.com. Retrieved 10 September 2014.
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