In May 2008, Pierre Danon was elected Vice-Chairman of TDC. In this capacity, he participated in the November 2011 IPO. TDC is the leading provider of communications solutions in Denmark, with a strong presence in Norway, through the cable-operator GET. TDC employs around 9,000 people, with an enterprise value of about 9 billion euros. In March 2017, Pierre Danon is elected Chairman of the board of TDC. In 2017, TDC was acquired by Macquarie. During the period 2016–2017, TDC delivered a 25% annualised return to its shareholders.