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MarketScreener Homepage  >  Equities  >  Xetra  >  Tele Columbus AG    TC1   DE000TCAG172

TELE COLUMBUS AG

(TC1)
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Tele Columbus AG: HD TV by P?UR free of charge through the winter

11/12/2020 | 08:05am EST

DGAP-News: Tele Columbus AG / Key word(s): Market launch/Miscellaneous
Tele Columbus AG: HD TV by P?UR free of charge through the winter

12.11.2020 / 14:00
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE
 

Six-month free HD TV trial
 

HD TV by P?UR free of charge through the winter
 

- Six-month free trial with no obligation to buy

- Ten pay TV channels included in package through partnership with M7

- Potential for further savings when bundled with internet tariff
 

Berlin, 12 November 2020. Tele Columbus AG has announced a brand-new special offer through its P?UR brand for all customers with activated cable connections that includes some of the most popular private broadcasters in outstanding HD quality. Customers who order the HD TV service on a 24-month contract will get the first six months of their high-definition experience completely free of charge. What's more, a further ten pay TV channels have been included in this HD TV package thanks to a partnership with M7, a leading aggregator of cable, IPTV, DVB-S and OTT TV content in Germany.

In this special offer, which runs until 1 February 2021, P?UR customers can test out a total of 26 private HD channels with no obligation to buy. Thanks to the partnership with M7, customers can also receive ten pay TV channels, including GEO Television HD, SPORT1+ HD and RTL Crime HD, as an additional premium TV service during the first six months of their contract.

Customers are free to cancel their HD TV package at any time during the six-month trial period, or continue to use it once the offer runs out for just ? 9.75[1] per month. When bundled with an internet tariff, the HD TV package only costs ? 4.871 per month after the first six months. The CI+ module to receive the channels is included, and no shipping or activation fees are charged.

Customers who opt for one of our attractive internet bundles can also enjoy watching the ten pay TV channels during the special offer period as part of their HD TV package, as the channels will also be activated for these bundles.

"This free trial for our HD TV service, with no obligation to buy, is an extremely attractive TV offer for our customers over the winter," said Stefan Riedel, Chief Consumer Officer of Tele Columbus. "We are delighted to be able to offer such a broad range of pay TV broadcasters during the trial period in partnership with M7.

"Winter is the perfect time to settle down and enjoy some great TV," said Marco Hellberg, Managing Director of Eviso Germany GmbH. "This special offer is the perfect opportunity to try the HD TV experience for those who haven't had the pleasure before. We are delighted to have so many brilliant channels on board for our free-trial period, in collaboration with our TV partners and P?UR."
 

About us

Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its brand P?UR, 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 and a member of the SDAX.
 

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.[1] Price incl. VAT of 16 %




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


12.11.2020 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.
Archive at www.dgap.de


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
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1147744

 
End of News DGAP News Service

1147744  12.11.2020 

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© EQS 2020
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Sales 2020 476 M 579 M 579 M
Net income 2020 -26,8 M -32,6 M -32,6 M
Net Debt 2020 1 424 M 1 733 M 1 733 M
P/E ratio 2020 -15,3x
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Mean consensus HOLD
Number of Analysts 3
Average target price 2,40 €
Last Close Price 3,24 €
Spread / Highest target 1,85%
Spread / Average Target -25,9%
Spread / Lowest Target -47,5%
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M. M. Daniel Jurg Ritz Chief Executive Officer
Volker Ruloff Chairman-Supervisory Board
Roland Schleicher Chief Operations Officer
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