|Type||Publicly traded Aktieselskab|
|Traded as||OMX: TDC|
|Key people||Vagn Sørensen (Chairman), Carsten Dilling (President and CEO)|
|Products||Fixed line and mobile telephony, Internet, digital television, IT services|
|Revenue||DKK 26.17 billion (2010)|
|Operating income||DKK 4.069 billion (2010)|
|Profit||DKK 3.007 billion (2010)|
|Total assets||DKK 64.79 billion (end 2010)|
|Total equity||DKK 20.86 billion (end 2010)|
|Employees||10,420 (FTE, end 2010)|
TDC A/S (formerly Tele Danmark) is a Danish telecommunications company dating back to 1879. As of today, TDC is the largest telephone company in Denmark with approx. 8.9 million customer relations (2010) within telephony, broadband, and television. The company's headquarters are located on Teglholmsgade 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.
On 21 August 1882, C.F. 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.
Over the past decade,[when?] 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 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 telephony market, with the closure of their joint venture with Easy Group, Easy Mobile.
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.
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.
Others include primarily TDC Services, which provides mainly business services for the TDC Group’s domestic business lines.