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TDC A/S is Denmark’s incumbent telecommunications operator and, as the country’s leading provider of telecommunications services, provides domestic local and long-distance, international, Internet access and data communications, mobile telephony, and cable TV services. TDC is also the second-largest provider of communications services in Switzerland and is represented by significant presence in the pan-Nordic market and in selected markets in Central Europe.
TDC's main business lines include: TDC Solutions, which provides communications services primarily in Denmark and the Nordic countries. Its main activities are performed by its parent and TDC Song (pan-Nordic), Hungarian Telephone and Cable Corp (HTCC), NetDesign (Danish), and TDC Dotcom (based in Sweden); TDC Mobile International, which provides mobile services in Denmark and a number of European countries. Its domestic activities include the fullyowned companies TDC Mobil A/S and Telmore. Its international activities include the fully-owned subsidiaries Talkline (Germany) and Bité (Latvia/Lithuania). TDC Mobile also holds a 15.0% stake in One (Austria), an 80% stake in Telmore International, and a stake in Polish mobile operator, Polkomtel. As of March 2006, TDC was involved in
negotiations for the sale of part of its stake in Polkomtel; TDC Switzerland; and, TDC Cable TV.
TDC was partly privatised in 1994 and fully privatised in 1998, and at the end of 2003, was 41.58%-owned by US-based SBC Communications, with the remaining shares held by individual and institutional shareholders. In June 2004, SBC announced plans to sell shares in TDC corresponding to 32.1% of the common shares. SBC completed the sale of these shares on June 10. In November 2004, SBC sold its remaining shareholding of 9.5% of the common shares of TDC.
In December 2005, Nordic Telephone Company (NTC) made a public tender offer for the total amount of common shares in TDC. NTC became the owner of 88.2% of the common shares of TDC on February 1, 2006.
