DGAP-News: Tele Columbus AG: GESOBAU AG and PŸUR to focus on Gigabit supply

PRESS RELEASE
 

Contract prolongation for connecting 16,000 apartments
 

GESOBAU AG and PŸUR to focus on Gigabit supply
 

- PŸUR succeeds in Europe-wide tender

- Fibre roll-out planned for the Gigabit age
 

Berlin, 28 November 2018. The Tele Columbus Group, with its brand PŸUR, succeeded during the process of a Europe-wide tender for the supply of cable contracts by GESOBAU AG (Berlin). Based on this new agreement PŸUR is going to establish a Gigabit network to connect around 16,000 apartments of the municipality-owned housing association.

A seamless fibre connection into the building (FTTB) will become the new technical standard of all premises of GESOBAU. Going forward, each node will supply a maximum of 32 apartments. This will ensure that sufficient bandwidth is reaching each apartment at any given moment. The high degree of supply security guarantees the tenants of GESOBAU a future-proof connection of their premises. The planned construction work requires amongst other the deployment of around 50 kilometers of fibre as well as new active network components which will all be of a 1200 megahertz nature in order to allow for highest bandwidth requirements. This project should be already finished by year-end 2019. Additionally, residential as well as 270 commercial units will be connected with this state-of-the-art access.

"The continuation of the trustworthy cooperation with GESOBAU allows us to prove again the performance of our network infrastructure. We will fulfil our promise towards the housing industry and deliver the bandwidth for the Gigabit age into the living rooms", states Jean-Pascal Roux, Chief Sales Officer Housing Industry & Infrastructure at PŸUR.

"The multimedia and broadband supply via fibre-based networks are a prerequisite for the future way of living in Germany's capital", explains Jörg Franzen, CEO of GESOBAU AG. "In the context of this agreement, we want to expand this aspect also in our cooperation with PŸUR in order to be a trendsetter for our tenants".
 

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.
 

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