Forward-looking statement

Forward-looking statement

The following cautionary statements identify important factors that could cause the actual results to differ materially from those projected in the forward-looking statements made in this annual report.

Any statements about TDC's expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases, such as "will likely result", "are expected to", "will continue", "believe", "is anticipated", "estimated", "intends", "expects", "plans", "seeks", "projection" and "outlook" or similar expressions or negatives thereof. These statements involve known and unknown risks, estimates, assumptions and uncertainties which could cause actual results, performance or achievements or industry results to differ materially from those expressed or implied by such forward-looking statements.

Any forward-looking statements are qualified in their entirety by reference to the factors discussed throughout this annual report. Among the key factors that may have a direct bearing on TDC's results of operations are:

  • reduced flexibility in planning for, or reacting to, changes in TDC's business;
  • the competitive environment and the industry in which TDC operates;
  • contractual obligations in TDC's financing arrangements;
  • developments in competition within the domestic and international communications industry;
  • information technology and operational risks including TDC's responses to change and new technologies;
  • introduction of and demand for new services and products;
  • developments in the demand, product mix and prices in the mobile market, including marketing and customer-acquisition costs;
  • developments in the market for multimedia services;
  • ability to recoup the UMTS investments and ability to control costs;
  • research regarding the impact of mobile phones on health;
  • changes in applicable Danish, Swedish, Norwegian, Finnish and EU legislation, including but not limited to tax and telecommunications legislation and anti-terror measures;
  • decisions by the Danish National IT and Telecom Agency ("NITA") whereby the regulatory obligations of TDC are extended;
  • the possibility of being awarded licenses;
  • increases in interest rates that would affect the cost of TDC's interest-bearing debt which carries floating interest rates;
  • status of important intellectual property rights;
  • exchange rate movements;
  • global and local economic conditions;
  • investments in and divestitures of domestic and foreign companies; and
  • supplier relationships.

Because the risk factors referred to in this annual report could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements made in this annual report you should not place undue reliance on any of these forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and TDC undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law or the rules of NASDAQ OMX Copenhagen. New factors will emerge in the future, and it is not possible for TDC to predict which factors they will be. In addition, TDC cannot assess the impact of each factor on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those described in any forward-looking statements.

Til top

Add page to

You can add pages or sections to your own TDC report.

Go to your Personal report page to add or remove pages, and download your report