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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.
  • ATSC 3.0
    A new version of the ATSC standards for digital TV transmission over terrestrial, cable and satellite networks, which is mainly used in North America and South Korea.
  • 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.
  • ORCHESTRATION
    Automated coordination of virtual resources, functions and people.
  • 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.
  • REMOTE PRODUCTION
    Also called centralized or at-home production. Camera feeds are transported via media networks and the studio production is made remotely.
  • 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.
  • SAAS
    (Software as a Service) A software licensing and delivery model where the software is licensed on a subscription basis and hosting takes place centrally.
  • 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.
     
  • 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.
  • 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.