Tele Columbus AG

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

Nachricht vom 08.09.2021 | 10:00

Tele Columbus AG: PYUR cable network in Flensburg to be upgraded

DGAP-News: Tele Columbus AG / Key word(s): Sales Result/Agreement
08.09.2021 / 10:00
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Launch of DOCSIS 3.1 and end of analogue

PŸUR cable network in Flensburg to be upgraded

- Only digital TV available in Flensburg from 8 September

- DOCSIS 3.1 ensures internet speeds of up to 1 Gbit/s

- Information campaign for PŸUR customers

Berlin, 8 September 2021. The network upgrade in the course of the renewal between the Tele Columbus Group and SBV Flensburg announced at the beginning of the year will be completed in the next few weeks. In addition to moving away from analogue TV and radio, the new DOCSIS 3.1 standard will ensure significantly higher internet speeds going forward (gigabit range).

The digital expansion creates capacity for a wider range of channels and broadband internet connections. Analogue will no longer be offered on the PYÜR network in Flensburg from 8 September, when all TV and radio programmes will exclusively be broadcast digitally. PŸUR customers who still watch analogue channels but have a digital-ready device simply need to change the settings on their TV and then perform a channel search. However, those with older televisions without digital reception will need an additional device.

Alongside this digital expansion, a new telecommunications standard is making its way into the networks. Once DOCSIS 3.1 is launched on the PŸUR cable network in Flensburg on 29 September, internet speeds of up to 1,000 Mbit/s will be available. The upgrade to the infrastructure and the considerable jump in speed to the gigabit range puts PYÜR customers in a better position to manage the digital challenges of the future.

All SBV Flensburg residents have already been informed about the network upgrade as part of the information campaign. In addition, PŸUR offers information and tips regarding the digital switch, and information is also available on the PŸUR website www.pyur.com/digital. In the event of specific queries or for advice, the PŸUR shop at Bismarckstraße 54, Flensburg, is open from Tuesday to Friday.

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, for-ward-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:
Leonhard Bayer
Senior Director Investor Relations
Phone +49 (30) 3388 1781
Fax +49 (30) 3388 9 1999
ir@telecolumbus.de
www.telecolumbus.com


08.09.2021 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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