Report

Tele Columbus : The promised land after the storm?

The stock and the bond have been under stress since mid-August when Tele Columbus delayed the publication of its Q2 2018 report to early September, instead of 14 August 2018, due to the “finalization of the overall integration project”. Whilst worst case scenarios have not materialized, the company posted weak results and cut again its 2018 guidance, especially at the EBITDA level. The bond dropped from 96.3% on 10 August to a bottom of 86.7% on 7 September and now trades around ...
Underlying
Tele Columbus AG

Tele Columbus AG. Tele Columbus AG is a Germany-based company engaged in the telecommunication and cable television business sector. The Company offers analog cable television (TV), digital TV, Internet access and cable telephony via broadband cable. The service offered by the Company includes digital cable channels, a telephone line or Internet flat rate. There is also a possibility to choose a double flat deal where the client combines a telephone and Internet flat rate or a Sky High Definition (HD). The offers are available in Berlin, Brandenburg, Saxony, Saxony-Anhalt, Thuringia , Saxony and in parts of North Rhine-Westphalia. The subsidiaries of the Company include Tele Columbus Netze Berlin GmbH, pepcom GmbH and Kabelfernsehen Muenchen Servicenter GmbH & Co KG, among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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