TC1 Tele Columbus AG

DGAP-News: Tele Columbus AG: New optical fibre rings connect key network locations in four German states

DGAP-News: Tele Columbus AG / Key word(s): Market Report/Miscellaneous
Tele Columbus AG: New optical fibre rings connect key network locations in four German states

22.12.2021 / 10:47
The issuer is solely responsible for the content of this announcement.


Press Release

Tele Columbus expands internet backbone

New optical fibre rings connect key network locations in four German states

- Approx. 1,400 kilometres of optical fibre connects additional network locations

- Rapid response for capacity adjustments

- Technological groundwork for further FTTH expansion

Berlin, 22 December 2021. Tele Columbus AG has commissioned two additional optical fibre rings to connect key network locations across four German federal states and a distance of approximately 1,400 kilometres. The new rings will provide some 48,000 households, the majority of which in Brandenburg, Saxony and Thuringia, an easily scalable connection to the Tele Columbus Group internet backbone. The system lowers the number of decentralised subnetworks while increasing quality of service through faster speeds, scalability and supply reliability.

The new Thuringian ring extends across a total of 760 kilometres; it starts in Erfurt and is routed through Arnstadt, Jena, Stadtroda, Saalfeld, Bad Salzungen, Eisenach, Waltershausen and Gotha. The network locations in Heiligenstadt and across the state border towards Sangerhausen and Eisleben are connected to the new optical fibre ring through an existing branch in Halle an der Saale.

In Saxony and Brandenburg, the new 610 kilometres optical fibre ring runs through Weißwasser, Niesky, Löbau and Bautzen, Dresden, Großenhain and Riesa all the way to Finsterwalde, Lübben, Lübbenau and Cottbus. Niesky and Finsterwalde are also connected with one another through a branch via Hoyerswerda and Senftenberg.

Thanks to their redundancy, the new optical fibre rings guarantee the highest level of signal availability. The central connection is also equipped to handle further demand development and increased bandwidths moving forward. We are seeing a clear trend towards higher speeds: two-thirds of new PŸUR customers are already booking internet plans with data rates of 200 Mbit/s or more.

In addition, the easily scalable connection to the internet backbone also opens up new opportunities for a redundant, centralised TV signal feed. For example, channel changes that are implemented at a small number of major headends can now be applied to significantly more subnetworks. Locations on the rings can also benefit sooner from the addition of new channels.

"The commissioning of two additional optical fibre rings allows for an even simpler and faster response to the increasing requirements of our network," explains Dietmar Pöltl, Chief Technology Officer of Tele Columbus. "In addition, we are considerably more flexible with regard to the technological infrastructure and maintenance costs. The completion of this project takes the total number of optical fibre rings to five - with more in the pipeline, too. By shoring up our network for the future, we are laying the necessary groundwork to achieve the ambitious targets of our Fiber Champion strategy."

In the regions where the new optical fibre rings are located, the Tele Columbus Group operates a large number of modern cable networks, some of which already offer fibre-to-the-building (FTTB) connections. In most cases, this technology enables bandwidths of up to 400 Mbit/s. In the second phase of the Tele Columbus Group's multi-phase upgrade concept, optical fibre networks will be extended to offer customers fibre-to-the-home (FTTH) connections, which will make simultaneous gigabit-level upload and download speeds a reality.

Additional speeds are already available in certain optical fibre ring regions as a result of the Tele Columbus Group's nationwide DOCSIS 3.1 roll-out. The addition of new transmission frequencies allows for the existing network's transmission capacities to be more than doubled and enables speeds of up to one gigabit per second.

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 200 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.

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



22.12.2021 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.
Archive at


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:
Internet:
ISIN: DE000TCAG172
WKN: TCAG17
EQS News ID: 1261213

 
End of News DGAP News Service

1261213  22.12.2021 

fncls.ssp?fn=show_t_gif&application_id=1261213&application_name=news&site_id=research_pool
EN
22/12/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Tele Columbus AG

James Ratzer
  • James Ratzer

Tele Columbus Model review post-earnings & management call

Earlier today, we published our review of TeleColumbus’ results. Following the earnings call and speaking with management, we now update our model and run through the changes to estimates in this note.

James Ratzer
  • James Ratzer

TeleColumbus: Q3 24 Quick Take internet strength continuing

TeleColumbus’s Q3 results show that, although the MDU TV migration is the major near-term change, their Internet business is continuing to perform very strongly, albeit the deployment of FTTH is still going to be a long-term game.

Felix Fischer ... (+7)
  • Felix Fischer
  • Haidje Rustau
  • Ian Wong
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Engineering Group, PeopleCert, The Very Group, McLaren, Versuni (formerly Philips Domestic Appliances), Eircom, Tele Columbus, Arrow Global, Forgital, Grunenthal, Standard Profil, Ithaca Energy, Cerba, Clarios, NewDay, Alain Afflelou, Intrum, Flos B&B Italia (formerly International Design Group)

Ben Rickett ... (+2)
  • Ben Rickett
  • James Ratzer

TeleColumbus: Deep-dive review Increased conviction in credit upside

We have recently spent a fair amount of time with the TeleColumbus CEO/ CFO to review our longer-term thinking on the business model and we materially increase our value of the business from prior estimates. We come away with the conclusion that the market price on the debt is wrong and believe this is one of the most attractive credit opportunities in Europe at the moment.

James Ratzer
  • James Ratzer

TeleColumbus Q2 24: Growth drivers on track, but at a slightly higher...

2024 is very much a transition year for TeleColumbus in their TV base, but importantly the core Internet franchise growth remains very strong – and well ahead of Vodafone’s growth rates. This, alongside developments on NetCo/ OpCo we think can be further upside for the bonds, but in the near-term, the cost of managing this transition in 2024 will be slightly more expensive than initially assumed.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch