DGAP-News: Tele Columbus AG: Fibre network of PŸUR in Calau goes into operation

PRESS RELEASE
 

High-speed internet now available
 

Fibre network of PŸUR in Calau goes into operation
 

Berlin/Calau, 22 February 2019. The construction of a new fibre network in Calau was successfully finished and will now bring high-speed internet to the municipality in the south-east of Brandenburg province. The network which spans around 2,600 homes goes into operation today and allows for download speeds of up to 400 Mbit/s.
 

The foundation for this network build out was an agreement between PŸUR and the local housing association Wohn- und Baugesellschaft Calau (WBC) which was signed in November 2017. "Many of our tenants expect a high-speed internet connection in today's rental apartments", states Marion Goyn, managing director of WBC, who initiated the network build out. "We are very happy that the construction project finished in-time and that our buildings and tenants will now have state-of-the-art internet access for many years to come."
 

The new network is based on a fibre supply directly into the building (FTTB) und is connected to the internet backbone of PŸUR. Following the upgrade the previous broadband coax network was converted into a high-performance gigabit and fibre-based multimedia network. Ductwork in the buildings will also allow for a further upgrade to Fibre-to-the-Home (FTTH) in the future.
 

Part of the construction project was also the upgrade of the in-house wiring and the deployment of fibre over a seven kilometer long stretch. Additionally, the fibre network can now be used to connect commercial properties with gigabit speeds which is an increasingly relevant location factor. Moreover, this Spring WiFi hotspots will go into operation that will enable residents and visitors alike to surf for free in Calau's main square.

 

About us

The SDAX-listed Tele Columbus AG serves around 3.3 million homes connected thereby being Germany's third-largest cable network operator. Its brand PŸUR stands for simplicity, performance and fairness in relation to TV and telecommunication products. Via its state-of-the-art fibre network PŸUR offers high-speed broadband internet including fixed-line telephony as well as more than 250 TV channels on a digital entertainment platform which combines linear TV with streaming services. To its housing association partners PŸUR offers flexible 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 Tele Columbus Group is actively supporting the fibre-based broadband internet expansion in Germany. For its business customers the Group offers carrier services and corporate solutions via its 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 traded on the regulated market (Prime Standard) of the Frankfurt Stock exchange and since June 2015 listed in 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.

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