Tele Columbus launches marketing with the first wholesale partner

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DGAP-News: Tele Columbus AG / Keyword (s): Market launch / Alliance
14.07.2021 / 13:00
The issuer is solely responsible for the content of this advertisement.

PRESS RELEASE

The launch of open access marks an important step in the Fiber Champion strategy

Tele Columbus launches marketing with the first wholesale partner

– Telefónica launches marketing activities in the Tele Columbus group network

-O2 landline products now available to tenants in properties served by Tele Columbus

– More choice and a wider offer for tenants

Berlin / Munich July 14, 2021. Tele Columbus AG and Telefónica Deutschland (O2) have announced the implementation of their 2019 wholesale agreement. Starting July 21, 2021, customers will be able to request and subscribe to O2 fixed telephony products from the Tele Columbus network. In doing so, Tele Columbus AG opens up its broadband networks and offers connected end customers the possibility of selecting products from different suppliers with maximum bandwidths of up to 1000 Mbit / s.

“The non-discriminatory openness of our networks is an important aspect of our Fiber Champion strategy and represents real added value for our partners in the housing industry and all tenants,” said Dr Daniel Ritz, CEO of Tele Columbus AG. “The ability to choose from different product providers increases the attractiveness of Tele Columbus as a service provider and partner for the housing industry while also activating additional demand potential for our broadband infrastructure. “

The ability to market its products to the 2.4 million homes in the Tele Columbus network enables O2 to reach more than 26 million households with fixed telephone services via wired connections. The two sides hope to gain further marketing momentum by cooperating. As a result, Tele Columbus expects higher penetration of IP services in its own network, with Telefónica expecting to strengthen its fixed line business and improve customer loyalty through new bundled products.

About Us

Tele Columbus AG is one of Germany’s leading fiber network operators serving more than 3 million homes. Through its PŸUR brand, the Company offers high-speed Internet access including telephony and more than 250 TV channels. All this through a digital entertainment platform that combines linear television and video on demand entertainment. To its housing association partners, the Tele Columbus Group offers tailor-made cooperation models and cutting-edge services such as telemetry and tenant portals. As a full service partner for municipalities and regional utilities, the Company actively supports fiber-based infrastructure and the expansion of broadband internet in Germany. For its business customers, the Group offers operator services and business solutions on its proprietary fiber network. In addition to its headquarters in Berlin, the company has sites in Hamburg, Leipzig, Ratingen and Unterföhring / Munich. Since January 2015, Tele Columbus AG has been listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.

Warning

This press release may contain forward-looking statements. These statements reflect the Company’s current knowledge, expectations and projections regarding 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 statements. prospective. These risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances mentioned in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Therefore, investors are cautioned not to place undue reliance on 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 capital expenditures, and operational measures, such as RGUs, ARPU and unique subscriber calculations. These non-GAAP financial and operating measures should not be viewed in isolation as alternatives to measures of the Company’s financial position, results of operations or cash flows as presented in accordance with IFRS. Non-GAAP financial and operational measures used by the Company may differ from and may not be comparable to measures of the same name used by other companies.

All information contained in this press release has been carefully prepared. However, no confidence can be placed for any purpose whatsoever in the information contained in this document or 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 herein and no liability of any kind. is accepted by the Company or any of its directors, officers or employees or any other person for any loss arising, directly or indirectly, from the use of such information or opinions or arising in any other way in connection with them . The Company assumes no obligation to update or revise the information contained in this press release, including forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Leonhard Bayer
Senior Director of Investor Relations
Telephone +49 (30) 3388 1781
Fax +49 (30) 3388 9 1999
[email protected]
www.telecolumbus.com

07.14.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

DGAP’s distribution services include regulatory announcements, financial / corporate information, and press releases.
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