Glossary

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  • ACCESS NETWORK

    That part of the public network closest to endusers. Consists of copper lines in the telephone network and coaxial cable for cable TV. Fiber and wireless solutions are also becoming more widespread.

  • Alternative performance measures (APM)

    Non-IFRS financial measures are presented to enhance an investor’s possibility to evaluate the ongoing operating results, to aid in forecasting future periods and to facilitate meaningful comparison of result between periods.

  • Americas (AM)

    North and South America

  • ASI

    (Asynchronous serial Interface). A standardized physical interface for compressed video. Used within the media industry to transport content between geographically remote production units and in cable TV networks.

  • BACKBONE NETWORK

    High-capacity network interlinking geographically remote areas or a number of smaller networks within an area. Also known as a transport network or backbone.

  • BANDWIDTH

    Measure of how much information can be transmitted. Measured in bits per second, bps.

  • BROADBAND NETWORK

    Network with extremely high capacity, at least 2 mbps to each end-user.

  • BROADCAST

    Transmission from a single sender to all possible recipients in a network.

  • Capital employed

    Is the balance sheet total less non-interest bearing liabilities including deferred tax liabilities.

  • Cash flow per share

    Cash flow from operating activities before changes in operating capital divided by average number of shares issued.

  • CATCH UP TV

    To watch recent TV program after it has been broadcasted.
  • CDN

    (Content Delivery Networks) an overlay network of customer content, distributed geographically to enable rapid, reliable retrieval from any enduser location.

  • Change in Net sales in comparable currencies

    The relation between the Net sales for the period, excluding Other revenues, recalculated using the foreign currency rates from the comparative period and the corresponding sales using the foreign currency rates from the comparative period and the corresponding sales for the comparative period. Other revenue are in all material respect related to translation differences on unhedged accounts receivable in foreign currencies. Only sales from business combinations that’s been part of the Group for the whole comparative period are recalculated.

  • CONTENT

    Content that is distributed in the network.

  • CONTRIBUTION

    Communication for production and processing of material before it is transmitted to the end-user.

  • CORE

    Larger transport networks between cities and backbone networks.

  • DTT

    (Digital Terrestrial Television). Name for digital terrestrial TV to on regular TV sets equipped with set-top boxes. Also called DVB-T.

  • DVB

    (Digital Video Broadcast) transmission standard for digital video over various media.

  • DVB-T

    (Digital Video Broadcast—Terrestrial). Name of the standard for digital terrestrial TV to regular TV sets equipped with set-top boxes. Also called DTT.

  • DVB-T2

    Second generation of the Digital Video Broadcasting Terrestrial; extension of the DVB-T television standard.

  • Earnings per share, basic

    Basic Profit/loss for the year divided by the average number of shares during the year.

  • Earnings per share, diluted

    Profit for the year divided by average number of shares issued during the year (for more information please see under accounting principles).

  • EBITDA

    Operating earnings before depreciation, amortization and capitalization of development expenditures.

  • EBITDA-margin

    EBITDA as a percentage of net sales.

  • Equity per share after dilution

    Shareholders’ equity plus undisclosed reserves in assets with an objective market value less deferred tax divided by number of shares during the year.

  • Equity per share before dilution

    Shareholders’ equity plus undisclosed reserves in assets with an objective market value less deferred tax divided by number of shares during the year.

  • Equity/assets ratio

    Shareholders’ equity divided by the balance sheet total.

  • ERM

    (Enterprise Resource Management)
    Software that lets an enterprise manage its network resources efficiently.
  • ETHERNET

    The most common technology for communication in local area networks, LANs. Transmission speeds of 10/100 mbps,1 Gbps and 10 Gbps.

  • GIGABIT ETHERNET

    Development of the Ethernet primarily used in large LANs and backbone networks. Can process transmission speeds of up to 1,000 mbps.

  • Gross margin

    Gross profit as a percentage of net sales.

  • HD

    (High Definition). High resolution.

  • HDTV

    (High Definition TV). High resolution TV.

  • INTEROPERABILITY

    Two devices operating together. IP (Internet Protocol) Protocol used for data transmission over the Internet. All Internet traffic is transmitted in IP packets.

  • IPTV

    Television that is broadcast over IP (broadband).

  • LAN

    (Local Area Network). Smaller local networks for datacommunication within a department, building or block.

  • MPLS

    (Multi Protocol Label Switching). Protocol for the efficient management of connections over a package-switched network.

  • MSR

    (Media Switch Router) MSR is a platform specially designed to handle media services.

  • MULTICAST

    Transmits the same message to a large number of recipients without requiring every recipient to be addressed (unicast) or sent to all possible recipients (broadcast).

  • Net margin

    Net Income as a percentage of net sales.

  • NGN

    Next Generation Networks or Next Generation Network. General concept for the development of networks and/or a standardization framework to enable new services and integrate fixed and mobile services over common infrastructure in future networks.

  • NODE

    A unit that is connected to a network, either as a sender/ receiver, or to connect different networks.

  • NPS

    (Net Promotor Score) Is both a measure and a survey method that provides a value on how loyal a company’s customers or employees are.
  • Number of outstanding shares

    Total number of shares in the Parent company, less the number of group companies holdings of shares in the Parent company (own/treasury shares).

  • Operating expenses

    Sales and marketing expenses, Administration expenses and Development expenses.

  • Operating margin

    Calculated on profit before net financial items and before taxes, as a percentage of net sales.

  • Organic growth

    Net sales for the period in relation to Net sales for the comparative period, excluding Net sales from business combinations that not been part of the Group for the whole comparative period.

  • OVER THE TOP (OTT)

    Term for service utilized over a network that is not offered by that network operator. For example, viewers using their broadband connection to view TV.

  • PAY-PER-VIEW

    Paying for what you watch. Unlike video-ondemand, the shows or films must be viewed at scheduled times.

  • POST PRODUCTION

    Post production of e.g. TV shows or films.

  • PROTOCOL

    An agreed set of rules for how different network equipment should communicate.

  • QoS

    (Quality of Service). Name for the quality of service (that can be provided by a network). Video requires higher QoS. QoS is achieved in a network either by separating traffic so that interference cannot occur or by prioritization where the highest-priority traffic is sent first.

  • REAL TIME

    Immediate transmission of material without delay.

  • Rest of World (RoW)

    Countries outside of Western Europe and Americas.

  • Return on capital employed

    Operating earnings after financial items plus financial expenses in relation to average capital employed.

  • Return on equity

    Net profit as a percentage of average shareholders’ equity.

  • ROUTER

    A unit to guide and forward data packets, over the Internet. for example.

  • ROUTING

    Guiding and forwarding data packets through a computer network.

  • SDH/SONET

    Circuit-switched technology for communication in optical backbone networks. SDH is the European standard and Sonet is the American standard.

  • SDI

    (Serial Digital Interface). A physical standard for professional, uncompressed 270 mbps video. Is used in the media industry to connect sound and image equipment in production sites.

  • SDN

    (Software Defined Networking) Networking technology that makes media networks more agile and flexible to support for example automated, customer provisioned networks and the increased use of virtualization and data center technologies within the media industry.

     

  • SERVICE ORCHESTRATION

    Is the process of integrating two or more services together to automate a process.
  • SLA

    (Service Level Agreement) is a part of a service contract where the level of service is formally defined.

  • STREAMED MEDIA

    Playing sound and video files on a computer or mobile phone simultaneous with transmission over a LAN or WAN, such as the Internet. Used for playing stored files from websites and for receiving live events over the Internet, for
    example.

  • STUDIO QUALITY

    The quality obtained if studio production equipment is connected locally. Can be achieved with a low or constant latency over a network with an extremely high QoS.

  • SWITCH

    Used to direct information between different network links and users.

  • TELEPRESENCE

    Next generation videoconferencing solution.

  • TOPOLOGY

    In networks, the topology describes how nodes are linked together, for example, in a ring or star where all nodes are switched directly to a central node, or a mesh, an irregular structure with multiple switches between many nodes.

  • Total cash flow

    Change in cash and cash equivalents in the year.

  • Total R&D expenditure

    Development expenses and capitalized expenditures for development.

  • UPLINK STATION/TELEPORT

    Station where media content in a terrestrial network is transferred to a satellite network for further distribution.
  • Value-added per employee

    Operating earnings plus salaries and fringe benefits relative to the average number.

  • VOD

    (Video on Demand) To select and watch video content anytime when needed.
  • VPN

    (Virtual Private Network) Technology for setting up a secure private network within the public network using Internet infrastructure.

  • Western Europe (WE)

    Western Europe

  • Working capital

    Current assets less cash and cash equivalents, accounts payable and other interest-free current liabilities.

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