TDC Group Annual Report 2011(6,4MB) - TDC Annual Report 2011

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TDC during 130 years TDC turns 130 years of age on 21 August 2012 On 21 August 2012, TDC will celebrate its 130 th birthday. On that day 130 years ago, Kjøbenhavns Telefon Selskab (KTS) was founded, which later became part of TDC. On 21 August 1882, C.F. Tietgen, the leading Danish financier at the time, 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 Selskab (KTS), later renamed Kjøbenhavns Telefon Aktieselskab (KTAS). Telephony becomes popular Telephony quickly became popular and the subscriber base grew from 400 in 1882 to 25,000 by 1900. Several local telephone companies were established to serve the growing market, and by the end of the 1890s there were about 57 telephone companies. In order to raise technological standards in a highly fragmented market, the Danish Parliament established a monopoly in 1897 on the construction and operation of telephone networks. This right was passed on through concessions to a number of TDC Group Annual Report 2011 large regional companies that were able to meet a range of technological requirements. As a result, a market consolidation process started and by the end of the 19 th century, only 11 companies were granted concessions. Landline telephony During the first few years of landline telephony, telephone subscribers were connected mainly via overhead lines fixed to chimney stands and house roofs. As technology developed, the entire network of cables was replaced by underground cables. In 1999, TDC had reached 3.2 million landline telephony customer relationships, but in the following years, demand for landline telephony slowly began to decline as a result of the increasing popularity of mobile phones. 14
Telephone switchboard operators From the early years, telephone subscribers were connected manually by female telephone switchboard operators at the telephone exchanges. The telephone operators’ work was quite demanding and under strict supervision. At the large telephone exchanges, the young women were able to serve up to 500 calls an hour. Some telephone exchanges were not fully automated until the 1970s. TDC Group Annual Report 2011 TV Jydsk Telefon was interested in cable TV as early as in 1963, but the four regional telephone companies were not permitted to establish the cable network infrastructure until 1985. When the former regional companies merged in 1995, the TV businesses joined to become Tele Danmark Kabel TV, which was renamed YouSee in 2007. Continuous upgrades of the cable network infrastructure have subsequently made digital TV, HD and high-speed internet access available via the cable network. In 2005, IP technology allowed TV to be distributed via TDC’s broadband access on ADSL, and TDC TV was launched. 15
Page 1 and 2: 2011 Group Annual Report
Page 3 and 4: TDC Group Annual Report 2011 Accomp
Page 5 and 6: While our business is less impacted
Page 7 and 8: Revenue The TDC Group’s revenue i
Page 9 and 10: Profit for the year Profit for the
Page 11: Guidance 2011 TDC published financi
Page 16 and 17: Internet The four regional telephon
Page 18 and 19: TDC Group Annual Report 2011 “The
Page 20 and 21: TDC today Profile TDC is the leadin
Page 22 and 23: Product lines In a rapidly changing
Page 24 and 25: Innovations in TDC in 2011 TDC is a
Page 26 and 27: TDC’s mission, vision and values
Page 28 and 29: Strategy 2012 Customer satisfaction
Page 30 and 31: TDC Group Annual Report 2011 30
Page 32 and 33: TDC’s homedisk stores 320,000 GB
Page 34 and 35: Consumer 2011 at a glance • Consu
Page 36 and 37: To an increasing extent, customers
Page 38 and 39: Performance in 2011 Revenue The bus
Page 40 and 41: Business partners & colleagues Cope
Page 42 and 43: Nordic 2011 at a glance • Solid r
Page 44 and 45: Gross profit The gross profit growt
Page 46 and 47: Performance in 2011 Revenue Wholesa
Page 48 and 49: YouSee 2011 at a glance • Strong
Page 50 and 51: Gross profit YouSee’s gross profi
Page 52 and 53: Performance in 2011 In 2011, Operat
Page 54 and 55: In 2011, TDC showed its ability to
Page 56 and 57: Shareholder information Policy TDC
Page 58 and 59: Share price In a challenging market
Page 60 and 61: TDC has 2,550 3G sites in Denmark,
Page 62 and 63: Regulation Overview The summary bel
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Risk factors TDC is faced with both
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Risk Description and impact Mitigat
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Corporate Social Responsibility 201
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Corporate Social Responsibility The
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of life of the individual patients
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At TDC, we continued to increase th
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Red Cross for vulnerable population
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YouSee and TDC in combination deliv
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Corporate Governance Recommendation
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Management Corporate Management Tea
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Board of Directors Vagn Sørensen C
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Jan Bardino Age 59. Elected by the
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Coax refers to a technology based o
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data, which may vary in accuracy. A
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Financial Statements 2011
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Financial Statements Financial Stat
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Management Statement TDC Group Annu
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TDC Group Annual Report 2011 Consol
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TDC Group Annual Report 2011 Assets
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TDC Group Annual Report 2011 Consol
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Notes to Consolidated Financial Sta
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interests is recognised in equity.
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Special items Special items include
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account exceeding the amount capita
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Assets or disposal groups classifie
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Note 3 New accounting standards At
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Note 4 Segment reporting For a desc
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TDC Group Annual Report 2011 Geogra
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TDC Group Annual Report 2011 Remune
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TDC Group Annual Report 2011 Deferr
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TDC Group Annual Report 2011 Note 8
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TDC Group Annual Report 2011 Net fi
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Reconciliation of effective tax rat
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TDC Group Annual Report 2011 is bas
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Land and buildings Telecommun icati
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TDC Group Annual Report 2011 Treasu
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TDC Group Annual Report 2011 Net in
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Maturity profiles 1 Financial asset
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exceed 25% in year two, 30% in year
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Financial transactions are only ent
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Other risks of capital contribution
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TDC Group Annual Report 2011 Sensit
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C: Pensions for former Danish civil
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TDC Group Annual Report 2011 Assets
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Note 35 Overview of Group companies
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Note 39 Research and development co
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Five year overview TDC Group Annual
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Cover photo: NW Copenhagen Translat
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TDC Group Annual Report 2011(6,4MB) - TDC Annual Report 2011

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