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DGAP-News: Tele Columbus AG / Key word(s): Study results/Market Report
Overall rating of "good" and significant year-on-year improvement
PŸUR continues positive trend in connect magazine broadband and landline test
- PŸUR network rated "good"
- Rated best out of all providers in the high-speed internet category
- Significant year-on-year improvement testament to quality offensive
Berlin, 6 July 2021. PŸUR has continued the positive trend of previous years and achieved a test rating of "good" in connect magazine's latest broadband and landline test. For Tele Columbus AG, the result demonstrates that the measures consistently taken to improve network performance are having the desired effect.
PŸUR improved significantly year on year from 773 points to 840, only just missing out on the "very good" rating, according to connect. In the high-speed internet category, which involves a standardised test including parallel upload and download measurements, PŸUR achieved the best rating of all providers at 100%. The measurements are aimed at measuring connection speed at full broadband load. connect was also impressed with PŸUR's performance in the online TV category, in which "over-the-top" measurements are taken on a variety of video content providers.
"We are delighted to see that our hard work throughout the PŸUR network this year has been reflected in the results of broadband and landline tests," says Dietmar Pöltl, Chief Technology Officer of Tele Columbus AG. "The outstanding results in data tests show that we are moving in the right direction with our improvements to the quality of our fibre optic networks. It goes without saying that there is always room for improvement, and we will continue to work towards optimising our networks to offer our customers the best possible products and services."
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 250 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. Since January 2015, Tele Columbus AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock exchange.
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.
06.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
Tele Columbus AG
+49 (0)30 3388 1781
+49 (0)30 3388 9 1999
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
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