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    TC1   DE000TCAG172

TELE COLUMBUS AG

(TC1)
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PRESS RELEASE: Tele Columbus AG: M7 and PYUR extend partnership

09/20/2021 | 08:02am EDT

DGAP-News: Tele Columbus AG / Key word(s): Alliance/Agreement Tele Columbus AG: M7 and PYUR extend partnership 2021-09-20 / 14:01 The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE

Wide range of appealing programming

M7 and PYUR extend partnership

- Pay TV and foreign-language programming for cable customers

- M7 satellite platform provides signals

- Alliance to be expanded

Cologne/Berlin, 20 September 2021. M7, Germany's leading provider of TV entertainment for cable and IP networks, and PYUR, a brand of Tele Columbus AG, have extended and expanded their long-standing partnership. The new agreement enables PYUR to continue providing its cable customers with a wide range of appealing programming.

The attractive pay TV channels and foreign-language packages provided by M7 as part of the alliance make it possible for PYUR to offer a competitive, future-ready cable TV product that meets all the standards for modern TV services. M7's proven satellite platform provides signals to PYUR's cable television headends throughout Germany.

M7 and PYUR have also agreed to step up their marketing campaigns and to further enhance products and services to offer viewers an even better TV experience.

"We are linked to PYUR and TeleColumbus through a successful partnership dating back to 2008, when we launched the first independent satellite platform for providing cable networks with digital TV programming - a milestone," says Marco Hellberg, Managing Director of Eviso Germany GmbH, the M7 business partner in Germany. "We are proud that Germany's second-largest cable network operator is continuing to rely on M7 for wholesale products that stand for programming variety, reliability and quality."

"Thanks to their technical platform services and a wide range of target-group-specific pay TV and international programming packages, the continued cooperation with the M7 Group allows us to market an appealing portfolio of channels within our service area," says Stefan Riedel, Chief Consumer Officer at Tele Columbus AG. "We look forward to being able to continue our successful partnership with the M7 Group."

About us

Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its brand PYUR, 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 offices in Hamburg, Leipzig, Ratingen and Unterföhring/Munich. Since January 2015, Tele Columbus AG is a stock listed company.

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

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2021-09-20 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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Language:     English 
Company:      Tele Columbus AG 
              Kaiserin-Augusta-Allee 108 
              10553 Berlin 
              Germany 
Phone:        +49 (0)30 3388 1781 
Fax:          +49 (0)30 3388 9 1999 
E-mail:       ir@telecolumbus.de 
Internet:     www.telecolumbus.com 
ISIN:         DE000TCAG172 
WKN:          TCAG17 
EQS News ID:  1234573 
 
End of News   DGAP News Service 
=------------ 

1234573 2021-09-20

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1234573&application_name=news

(END) Dow Jones Newswires

September 20, 2021 08:01 ET (12:01 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
BAYER AG 0.27% 48.32 Delayed Quote.0.34%
DJ INDUSTRIAL 0.21% 35677.02 Delayed Quote.16.33%
TELE COLUMBUS AG 0.00% 3.345 End-of-day quote.4.37%
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Analyst Recommendations on TELE COLUMBUS AG
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Financials
Sales 2020 509 M 591 M 591 M
Net income 2020 -188 M -219 M -219 M
Net Debt 2020 1 570 M 1 825 M 1 825 M
P/E ratio 2020 -2,17x
Yield 2020 -
Capitalization 915 M 1 065 M 1 064 M
EV / Sales 2019 3,58x
EV / Sales 2020 3,89x
Nbr of Employees -
Free-Float 96,8%
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 3,35 €
Average target price 3,31 €
Spread / Average Target -0,92%
EPS Revisions
Managers and Directors
M. M. Daniel Jurg Ritz Chief Executive Officer
Eike Walters Chief Financial Officer
Volker Ruloff Chairman-Supervisory Board
Dietmar Pöltl Chief Technology Officer
Roland Schleicher Chief Operations Officer
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