Tele Columbus AG

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

Nachricht vom 07.02.2020 | 11:14

Tele Columbus AG: Internet by PŸUR rated 'good' for all user groups

DGAP-News: Tele Columbus AG / Key word(s): Miscellaneous
07.02.2020 / 11:14
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Latest connect Test

Internet by PŸUR rated "good" for all user groups

Berlin, 7 February 2020. The internet and TV offerings by PŸUR based on the high performance network of the Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17, "Tele Columbus", "the Company" or "the Group"), provide the right choice for all groups of users. This was again confirmed by the latest broadband internet comparison by the widely-read consumer magazine connect. In the issue 3/2020 seven providers and their offers are compared in their right fit for different user profiles like average user, frequent user and heavy user. PŸUR scored a "good" across all three groups.

Average users regularly surf the internet according to connect, but typically produce only limited traffic and put a focus on price. The entry level tariff of PŸUR offers up to 20 Mbit/s and can be bundled with a broad selection of TV channels in HD. Frequent users as a second customer group are focused on network quality besides pricing. For them, connect and PŸUR recommend a bandwidth of 120 or 200 Mbit/s. Heavy users are particularly focused on a high-performance and fast network. Tele Columbus' fibre-based network can provide download speeds of up to 400 Mbit/s to the large majority of connected homes and in selected areas even up to 1000 Mbit/s.

Moreover, it becomes clear in the comparison that with PŸUR, the triple-play bundle of Broadband, Telephony and TV is not priced above the dual-play bundle of other providers, consisting only of Broadband and Telephony without TV connection. For pure broadband connections, not evaluated in the connect-test, PŸUR offers significant cost advantages for all three user profiles.

Tele Columbus is happy about the good results. "We are continuously upgrading our infrastructure in order to meet highest performance expectations. At the same time we are also considering demands by customers who are looking for attractively priced tariffs with a reliable basic broadband access, states Stefan Riedel, Chief Consumer Officer of Tele Columbus AG. "The connect test confirms that through our fibre-based networks, investments into customer service quality as well as fair terms and conditions, we are putting customer experience at the centre of our actions."

 

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
presse@telecolumbus.de
www.telecolumbus.com


07.02.2020 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.
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