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Tele Columbus AG: Change of Chief Sales Officer Housing Industry & Infrastructure at Tele Columbus AG

DGAP-News: Tele Columbus AG / Key word(s): Change of Personnel

10.12.2018 / 15:00
The issuer is solely responsible for the content of this announcement.


Change of Chief Sales Officer Housing Industry & Infrastructure at Tele Columbus AG

- Jean-Pascal Roux to leave the company at his own request per 28 February 2019

- Rüdiger Schmidt to undertake the interim leadership starting 1 March 2019

Berlin, 10 December 2018. Jean-Pascal Roux, Chief Sales Officer Housing Industry & Infrastructure (CSO HI&I), decided to leave the company for personal reasons to pursue new professional challenges. Rüdiger Schmidt, Director Key Account Management Region South and Head of Infrastructure will take over the responsibilities on an interim basis.

In his role as Chief Sales Officer Housing Industry & Infrastructure, Jean-Pascal Roux was responsible for the cooperation with the housing industry, all infrastructure projects as well as the M&A activities of the Tele Columbus Group since November 2015. Before, he held various leading positions inside the group, including Head of the B2B business at Primacom and Director Key Account Management and SME at Tele Columbus.

Rüdiger Schmidt, Director Key Account Management Region South and operationally in charge of the Group's infrastructure projects, will take over the responsibilities of Jean-Pascal Roux on an interim basis. Rüdiger Schmidt has more than 20 years of experience in the cable industry and held various positions at both Tele Columbus and Pepcom, which was acquired by the group in 2015.

"I regret but also respect the personal decision of Jean-Pascal Roux to pursue new career paths and want to thank him for his great effort and the trustful and intensive cooperation as partner of the housing industry, contributing essentially to the Company's success. For both his personal as well as professional future, I wish Pascal all the best", says Timm Degenhardt, CEO of Tele Columbus. He adds, "At the same time, I am happy to announce that with Rüdiger Schmidt we can count on significant housing industry experience and leadership. In addition, Rüdiger has been responsible for the development of our infrastructure activities across the group".

About us

The SDAX-listed Tele Columbus AG is 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.


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.

Silke Bernhardt
Director Corporate Communications
Phone +49 (30) 3388 4177
Fax +49 (30) 3388 9 1999

10.12.2018 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.

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Language: English
Company: Tele Columbus AG
Kaiserin-Augusta-Allee 108
10553 Berlin
Phone: +49 (0)30 3388 4177
Fax: +49 (0)30 3388 9 1999
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

End of News DGAP News Service

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