Publicly traded Aktieselskab | |
Traded as | Nasdaq Copenhagen: TDC |
Industry | Telecommunications |
Founded | 1990 |
Headquarters | Copenhagen, Denmark |
Key people
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Products | Fixed line and mobile telephony, Internet, digital television, IT services, satellite phone, Web hosting |
Revenue | DKK 23.344 billion (2014) |
DKK 3.808 billion (2014) | |
Profit | DKK 3.228 billion (2014) |
Total assets | DKK 74.4 billion (end 2014) |
Total equity | DKK 18.6 billion (end 2014) |
Number of employees
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8,594 (FTE, end 2014) |
Website | tdcgroup |
TDC A/S or TDC Group (formerly Tele Danmark Communications) is a Danish telecommunications company dating back to 1879. TDC Group is the largest telecommunications company in Denmark. The company's headquarters are located in Copenhagen.
TDC Group is the parent company of several subsidiaries and brands: Blockbuster Denmark, Cirque A/S, Companymobile, Dansk Kabel TV, Fullrate, Get AS, NetDesign, TDC Erhverv, Telmore, Unotel, and YouSee.
On 21 August 1882 Carl Frederik Tietgen acquired the Copenhagen division of 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.
In November 1990, the Folketing passed a law that paved the way for a nationwide Danish telecom. The company was named Tele Danmark and was the parent company for the existing regional companies (KTAS, Jydsk Telefon, Tele Sønderjylland, Fyns Telefon, and Rigstelefonen).
In 1995, the regional companies were merged into Tele Danmark, and the first nationwide cable TV company, Tele Danmark Kabel TV was created. Five years later, in 2000, Tele Danmark changed its name to TDC.
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.