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

TELE COLUMBUS AG

(TC1)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 11/23 03:12:44 pm
2.42 EUR   +1.47%
11/16TELE COLUMBUS : Receives a Sell rating from Hauck & Aufhauser
MD
11/16TELE COLUMBUS : Barclays reiterates its Buy rating
MD
11/13TELE COLUMBUS : Goldman Sachs remains Neutral
MD
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Tele Columbus AG: Six months free internet at turbo speed

09/09/2020 | 07:59am EST

DGAP-News: Tele Columbus AG / Key word(s): Product Launch/Miscellaneous
Tele Columbus AG: Six months free internet at turbo speed

09.09.2020 / 13:59
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE
 

Unrivalled fixed-term contracts
 

Six months free internet at turbo speed
 

- Free introduction for internet and Triple Play customers until 30 November 2020

- Savings of several hundred euros over the entire contract term

- FRITZ!Box and Allnet Flat included in bundles
 

Berlin, 9 September 2020. Tele Columbus AG is now adapting its range to offer customers an even more attractive introductory offer under the P?UR brand. Customers who opt for a fibre-optic internet connection or a Triple Play package will not pay a single cent for the first six months. The offer is valid until 30 November 2020.

In order to give customers the best possible value for money, P?UR is turning conventional 24-month contracts into genuine low-cost tariffs including an attractive starter benefit. Both the internet-only products - Pure Surf 20, Pure Speed 200, Pure Speed 400 and Pure Speed 1,000 - and the bundles including HDTV and Allnet telephone flat rate at the internet speeds of 20, 200, 400 and 1,000 Mbit/s are available free of charge for the first six months of the contract term. Calculated over a period of 24 months, this means the Kombi 400 product offers savings of some ?450 euros as compared to purchasing them separately.

Customers not only save money in the first six months; every month thereafter they benefit from the best standard terms and conditions currently available on the market. For example, P?UR customers who opt for the Pure Speed 200 tariff save more than ?5 per month as compared to a 100 Mbit/s tariff with the cheapest DSL provider currently available - and at 200 Mbit/s they get twice the bandwidth, too.

As usual, a FRITZ!Box is also included when purchasing the bundles. In addition, a FRITZ!Repeater is included free of charge for three months for a first-time purchase. From the fourth month of the contract onwards the rental fee is just under ?3.

"We were recently singled out for an award by the trade magazine connect for the performance of our network as well as our customer service. With our new low-cost tariff we're now offering even better value for money," says Stefan Riedel, Chief Consumer Officer at Tele Columbus AG. "The six free months at the beginning of the contract term for our internet products and bundles ensure an attractive starter benefit, which we hope will attract even more customers to P?UR."

For further details of individual tariffs, visit www.pyur.com.
 

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.




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


09.09.2020 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: 1129363

 
End of News DGAP News Service

1129363  09.09.2020 

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© EQS 2020
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Financials
Sales 2020 473 M 560 M 560 M
Net income 2020 -9,39 M -11,1 M -11,1 M
Net Debt 2020 1 410 M 1 670 M 1 670 M
P/E ratio 2020 -31,3x
Yield 2020 -
Capitalization 301 M 356 M 356 M
EV / Sales 2020 3,62x
EV / Sales 2021 3,53x
Nbr of Employees -
Free-Float 50,1%
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Technical analysis trends TELE COLUMBUS AG
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Income Statement Evolution
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Sell
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Mean consensus HOLD
Number of Analysts 8
Average target price 3,14 €
Last Close Price 2,36 €
Spread / Highest target 133%
Spread / Average Target 33,2%
Spread / Lowest Target -28,0%
EPS Revisions
Managers
NameTitle
M. M. Daniel Jurg Ritz Chief Executive Officer
Volker Ruloff Chairman-Supervisory Board
Roland Schleicher Chief Operations Officer
Eike Walters Chief Financial Officer
Dietmar Pöltl Chief Technology Officer
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