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Tele Columbus AG: Wohnungsgenossenschaft 'Glückauf' chooses Smart Infoscreens from PŸUR Business

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DGAP-News: Tele Columbus AG / Key word(s): Agreement/Sales Result
15.04.2021 / 10:20
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Smart Infoscreens to replace noticeboards

Wohnungsgenossenschaft "Glückauf" chooses Smart
Infoscreens from PŸUR Business

- Contract awarded for 1,100 building information systems

- 7,400 residential units to continue being served by Tele Columbus

Berlin / Dresden, 15 April 2021. As part of a restricted invitation to tender for building information systems, Wohnungsgenossenschaft "Glückauf" Süd Dresden e.G. (WGS) has decided to buy 1,100 Smart Infoscreens from the Tele Columbus business customer division PŸUR Business. The housing cooperative has also reached an agreement with the Tele Columbus Group regarding an extension of multimedia provision contracts for 7,400 residential units.

Smart Infoscreen is a display system for up-to-date, local information. As an electronic noticeboard, it replaces the pinboards typically found inside the entrances to blocks of flats with video screens that comply with fire codes and can be updated conveniently online. The use of Smart Infoscreens allows WGS to reliably post important, updated information by way of a simple, web-based content management system. Dynamic additional information, such as departure times at nearby public transit stops, can also be displayed to increase the value of the information shown on the screens as needed.

A total of 1,100 Smart Infoscreens will be installed in the buildings managed by WGS. Their use is not limited to WGS properties served by Tele Columbus and its PYÜR brand. The information screens will also be found in buildings served by other cable providers.

The negotiations also included an agreement on extending current concession agreements with Wohnungsgenossenschaft "Glückauf" for 7,400 residential units. The Tele Columbus Group will continue providing television, telephone and internet service with speeds of up to 400 Mbit/s. With roughly 13,000 residential units in total, Wohnungsgenossenschaft "Glückauf" Süd Dresden e.G. is one of the largest regional housing associations in the city of Dresden.

Press photos of the Smart Infoscreen are available at:

https://www.telecolumbus.com/presse/bilder/

More information on the Smart Infoscreen is available at:

https://www.smart-infoscreen.de/

***

About us

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.

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.

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.




Contact:
Leonhard Bayer
Senior Director Investor Relations
Phone +49 (30) 3388 1781
Fax +49 (30) 3388 9 1999
ir@telecolumbus.de
www.telecolumbus.com


15.04.2021 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Tele Columbus AG

Kaiserin-Augusta-Allee 108

10553 Berlin

Germany

Phone:

+49 (0)30 3388 1781

Fax:

+49 (0)30 3388 9 1999

E-mail:

ir@telecolumbus.de

Internet:

www.telecolumbus.com

ISIN:

DE000TCAG172

WKN:

TCAG17

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1185167


 

End of News

DGAP News Service

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