Tele Columbus AG

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

Nachricht vom 14.01.2021 | 10:00

Tele Columbus AG: Tele Columbus successfully completes expansion of opti-cal fibre network in Plön district

DGAP-News: Tele Columbus AG / Key word(s): Sales Result/Miscellaneous
14.01.2021 / 10:00
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Gigabit internet for 46 communities in Schleswig-Holstein

Tele Columbus successfully completes expansion of optical fibre network in Plön district

- Infrastructure project finished after three years of construction

- Gigabit internet for 12,000 households in 46 communities

- Future-proof infrastructure thanks to FTTH technology

Berlin, 14 January 2021. After more than three years of construction, Tele Columbus AG has successfully completed the expansion of the FTTH optical fibre network in the northern German district of Plön. Forty-six communities in the district are now connected to the high-performance infrastructure that enables some 12,000 households to access fast internet service with bandwidths of up to 1 Gbit/s. Upon completion of the project, the optical fibre network was handed over to Zweckverband für Breitbandversorgung im Kreis Plön, a specially formed alliance of local communities dedicated to the expansion of broadband internet service in the area. pepcom GmbH, a subsidiary of Tele Columbus AG, operates the new network. Under the PŸUR brand, it provides all connected households with fast internet, TV and telephone service.

Construction of the network, one of the largest broadband projects in the state of Schleswig-Holstein, started in June 2017. Following completion of the four phases, the network now totals roughly 700 kilometres in length throughout the district. In addition to the approximately 12,000 households already served, another 4,000 households can also be connected to the new network at any time. As part of the expansion work, a total of 8,400 building connections were laid. By successfully completing the project, Tele Columbus and Zweckverband für Breitbandversorgung im Kreis Plön - which was set up specifically to promote the expansion of the optical fibre network in the district - are helping to keep the area's rural communities competitive for the future.

Modern fibre to the home (FTTH) technology brings optical fibre connections directly into customers' houses, allowing them to achieve gigabit internet speeds. Should data traffic increase, the network can also be upgraded without the need for any additional excavation. Depending on demand, the concept opens the door to bandwidths significantly higher than 1 gigabit. For private customers with lower bandwidth needs, PŸUR provides affordable internet plans with data rates of 120, 200 and 500 Mbit/s.

"We are very happy about the successful completion of our ambitious infrastructure project in the district of Plön," says Frank Hornberger, Managing Director of pepcom GmbH. "Thanks to the municipal optical fibre network, the rural communities have built an excellent foundation for the technological future. The finished project is a further piece in the puzzle with regard to the Tele Columbus Group's ambitious plans to play a leading role in the expansion of optical fibre technology in Germany."

"It's good to see how our partnership with Zweckverband für Breitbandversorgung im Kreis Plön and our intensive customer support on the ground has paid off," says Rüdiger Schmidt, Chief Sales Officer Housing Industry & Infrastructure at Tele Columbus AG. "At roughly 230 town hall meetings and 65 information events, we were able to convince most of the households of the advantages of a state-of-the-art network infrastructure. We are now focusing on the operation of the optical fibre network and will also be able to offer our customers in the Plön district tailored internet, high-definition television and telephony packages going forward."

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


14.01.2021 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.

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