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TELE COLUMBUS AG (FRA:DE000TCA) Tele Columbus AG: PYÜR kicks off the gigabit summer in Berlin

Transparency directive : regulatory news

06/07/2021 13:00

DGAP-News: Tele Columbus AG / Key word(s): Market launch/Miscellaneous
Tele Columbus AG: PYÜR kicks off the gigabit summer in Berlin

06.07.2021 / 13:00
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Berlin celebrates the giga zero

PYÜR kicks off the gigabit summer in Berlin

- Exclusively for the Berlin-Brandenburg metropolitan area

- Special promotion: The gigabit as of EUR 44 per month

- First six months free of charge

Berlin, 6 July 2021. From 6 July until 31 August 2021, Tele Columbus AG's PYÜR brand will be offering its gigabit internet connections in the Berlin metropolitan area free of charge for the first six months as part of its summer campaign. A 1000 Mbit/s internet-only connection will cost EUR 44 per month from the seventh month onward. Customers who opt for the bundle package with HDTV and telephony will pay EUR 55.

Berlin is going into internet overdrive. Starting this summer, PYÜR is kicking open the door to six months of free gigabit-speed internet. New customers who make use of the promotional window will get either their 1000 Mbit/s internet connection or bundle package with HD television, Germany-wide all-net flat rate telephony and gigabit internet completely free for the first six months when they sign up for a 24-month contract. From the seventh month onward, customers will pay EUR 44 for the 1000 Mbit/s internet-only offer and EUR 55 for the internet, HDTV and telephony bundle. Modern, gigabit-compatible hardware is included in the products free-of-charge as rented equipment. The TV bundles also include a CI+ card for the decryption of the additional HD television programming.

The offer is available throughout Berlin and in the neighbouring Brandenburg network regions that are connected to Berlin, which include Bernau, Y and Z, among others.

"The gigabit offer gives customers an opportunity to convince themselves of the quality of our internet connections and is an attractive deal for homes that have previously only made use of PYÜR's TV services."

From today, all PYÜR bundles and internet-only contracts with a 24-month contract term will have a EUR 20 starting price for the first six months throughout Germany. All prices from the seventh month onward remain unchanged, with the popular bundle package of 200 Mbit/s internet, Germany-wide all-net flat rate telephony and HD television costing EUR 45 per month from the seventh month onward, and the individual tariff for a 200 Mbit/s internet connection remaining unchanged at EUR 33.

Internet provided by PYÜR is available in 2.4 million German households. Nearly half a million households in the Berlin metropolitan region have access to bandwidths of up to 1 gigabit.

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


06.07.2021 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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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
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1215245

 
End of News DGAP News Service

1215245  06.07.2021 

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