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TDC Group
TDC Holding 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 Holding is the holding company of two separate companies which were spun-off from TDC; Nuuday A/S and TDC NET A/S. All consumer related services and brands were placed under Nuuday, and the ownership and maintenance of physical infrastructure of mobile antennas as well as coax and fibre optical lines were placed under TDC NET. History Early History In 1879, ''Kjøbenhavns By- og Hustelegraf'' was established by telegraph engineer Severin Lauritzen and telegraphist Th. Thaulow. The company set up private telephone lines over shorter distances, for example between offices and factories. In addition, it offered telegraph service in Copenhagen using small telegraph stations around the city that could communicate by telephone. In 1881, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Inc
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for "bl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatized
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deregulation
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, and pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Europe
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east. Europe shares the landmass of Eurasia with Asia, and of Afro-Eurasia with both Africa and Asia. Europe is commonly considered to be Boundaries between the continents#Asia and Europe, separated from Asia by the Drainage divide, watershed of the Ural Mountains, the Ural (river), Ural River, the Caspian Sea, the Greater Caucasus, the Black Sea, and the waterway of the Bosporus, Bosporus Strait. "Europe" (pp. 68–69); "Asia" (pp. 90–91): "A commonly accepted division between Asia and Europe ... is formed by the Ural Mountains, Ural River, Caspian Sea, Caucasus Mountains, and the Black Sea with its outlets, the Bosporus and Dardanelles." Europe covers approx. , or 2% of Earth#Surface, Earth's surface (6.8% of Earth's land area), making it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Folketing
The Folketing ( , ), also known as the Parliament of Denmark or the Danish Parliament in English, is the unicameral national legislature (parliament) of the Kingdom of Denmark — Denmark proper together with the Faroe Islands and Greenland. Established in 1849, the Folketing was the lower house of the bicameral parliament called the Rigsdag until 1953; the upper house was the Landsting. The Folketing meets in Christiansborg Palace, on the islet of Slotsholmen in central Copenhagen. It passes all laws, approves the cabinet, and supervises the work of the government. It is also responsible for adopting the state's budgets and approving the state's accounts. As set out in the Constitution of Denmark, the Folketing shares power with the reigning monarch. But in practice, the monarch's role is limited to signing laws passed by the legislature; this must be done within 30 days of adoption. The Folketing consists of 179 members; including two from Greenland and two from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post Danmark
Post Danmark A/S, trading as PostNord Denmark (), is the national provider of postal services in Denmark. It was established as a fully state-owned stock holder's company in 1995 following political liberalization efforts. Post Danmark had taken over the mail delivery concession () of its predecessor, the governmental department , which was established in 1624. Post Danmark A/S was turned into a public limited company in 2002. In 2005, 22% of the company shares were sold to CVC Capital Partners, 3.5% of the company shares were partly sold to employees at a discount, partly kept in reserve for a management incentives program. In 2009, it was merged with the Swedish Posten AB to form PostNord, a joint postal service company between Denmark and Sweden. As of 2007, Post Danmark employed about 21,000 people, and delivered approximately a billion letters and 37 million parcels every year. Post Danmark has a wide variety of services, such as express deliveries (ensured delivery by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal, Telegraph And Telephone Service
A postal, telegraph, and telephone service (or PTT) is a government agency responsible for postal mail, telegraph, and telephone services. Such monopolies existed in many countries, though not in North America, Japan or Spain. Many PTTs have been partially or completely privatised in recent years, though a few, such as Posta ve Telgraf Teşkilatı of Turkey, Myanma Posts and Telecommunications of Myanmar and Tusass of Greenland, continue to remain wholly government-owned. In many of said privatisations, the privatised corporation was completely renamed, such as KPN in the Netherlands, Orange S.A. in France (+ Orange Polska in Poland), BT Group in the United Kingdom, Eir in the Republic of Ireland, Swisscom in Switzerland, Telstra in Australia, Spark in New Zealand, Proximus Group in Belgium, A1 Telekom Austria Group in Austria, TDC Group in Denmark, Telia Company in Sweden and Finland, Telenor in Norway, Chunghwa Telecom in Taiwan and Singtel in Singapore; whereas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl Frederik Tietgen
Carl Frederik Tietgen (19 March 1829 – 19 October 1901) was a Danish financier and industrialist. He played an important role in the industrialisation of Denmark as the founder of numerous prominent Danish companies, many of which are still in operation today. Tietgen notably formed conglomerates, thus several of Tietgen's companies attained monopoly-like status, cementing their durability. Tietgen was a dedicated Grundtvigian, and financed the completion of the Marble Church at his own expense. Early life and career Tietgen was born on 19 March 1829 in Odense, the son of a social club manager catering to the local bourgeoisie. He helped his family out at the club throughout his childhood. After finishing his commercial apprenticeship, he worked in the United Kingdom for five years, and settled in Manchester, England. During that time he also traveled to northern Germany, Norway and Sweden. In the United Kingdom Tietgen gained experience in private banking, which at t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
