Tele Columbus AG

  • WKN: TCAG17
  • ISIN: DE000TCAG172
  • Land: Deutschland

Nachricht vom 06.11.2019 | 10:10

Tele Columbus AG: New products for PŸUR Ethernet Households in Hamburg

DGAP-News: Tele Columbus AG / Key word(s): Product Launch/Miscellaneous

06.11.2019 / 10:10
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

More performance for symmetrical broadband connections

New products for PŸUR Ethernet Households in Hamburg

- 20, 200 and 400 Mbit/s with symmetrical bandwidth

- Flex tariffs with short contract duration and attractive promotions

- Broadband, Telephony and HDTV starting at EUR5 per month

- FRITZ!Box displacing multi-device solution at Ethernet connections

Berlin / Hamburg, 6 November 2019. The Tele Columbus Group upgrades 30,000 apartments in Hamburg, connected via fibre Ethernet-connection. The available broadband speeds and TV products have been aligned with the clear PŸUR product range consisting of Flex and promotional tariffs. Furthermore, the formerly three network termination devices are displaced by the FRITZ!Box 7490.

The Tele Columbus Group has connected around 30,000 households in Hamburg via fibre Ethernet. An ethernet plug forms the passive network termination point in the apartments. By unifying the broadband speeds to 20, 200 and 400 Mbit/s, the strengths of the fibre connections can now be fully utilised. In contrast to typical cable tariffs, the Ethernet plugs in Hamburg deliver symmetrical bandwidths with same speeds for Upload and Download. With the unification, the new promotional tariffs with 24 months contract duration and EUR5 sticker price are now available in Hamburg as well. So far, three devices were used in the connected households: Telephony adapter, router and switch. From now onwards, new customers receive the FRITZ!Box 7490 combining all functions in one device. Existing customers can upgrade to the FRITZ!Box for an extra EUR5 per month.
 

About us

Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its brand PŸUR, the Company, offers high-speed internet including telephony and more than 250 TV channels. All of this via a digital entertainment platform that combines linear TV with video on demand entertainment. To its housing association partners the Tele Columbus Group offers tailored models of cooperation and state-of-the-art services such as telemetric and tenant portals. As a full-service partner for municipalities and regional utilities, the Company is actively supporting the fibre-based infrastructure and broadband internet expansion in Germany. For its business customers the Group offers carrier services and corporate solutions on its proprietary fibre network. Besides its headquarter in Berlin, the Company has locations in Hamburg, Leipzig, Ratingen and Unterföhring/Munich. Since January 2015, Tele Columbus AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock exchange.
 

Disclaimer

This release may contain forward-looking statements. These statements reflect the Company's current knowledge and expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Such risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this document.

This release contains references to certain non-GAAP financial measures, such as Normalized EBITDA and Capex, and operating measures, such as RGUs, ARPU, and Unique Subscribers calculations. These non-GAAP financial and operating measures should not be viewed in isolation as alternatives to measures of the Company's financial condition, results of operations or cash flows as presented in accordance with IFRS. The non-GAAP financial and operating measures used by the Company may differ from, and not be comparable to, similarly titled measures used by other companies.

All information contained in this release has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. The Company does not undertake any obligation to update or revise any information contained in this release, including forward-looking statements, whether as a result of new information, future events or otherwise.




Contact:
Silke Bernhardt
Director Corporate Communications
Phone +49 (30) 3388 4177
Fax +49 (30) 3388 9 1999
presse@telecolumbus.de
www.telecolumbus.com


06.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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