Tele Columbus : United Internet buys 25.1% stake in Tele Columbus AG

PRESS RELEASE

United Internet buys 25.1% stake in Tele Columbus AG

Berlin, 11 February 2016. Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17), was informed yesterday by United Internet that it had acquired a stake of 9.8% in Tele Columbus's issued share capital, and signed an agreement to acquire a further 15.31% stake subject to antitrust approval. If approval is granted, United Internet would hold a 25.11% stake making it the biggest shareholder of Tele Columbus. Tele Columbus welcomes its new shareholder and looks forward to developing a constructive relationship with United Internet which is beneficial to Tele Columbus, its shareholders and employees.

About Tele Columbus

The SDAX listed Tele Columbus Group is one of Germany's largest cable network operators. Via its origins - individual regional cable network operators that were merged into Tele Columbus - the company dates back to 1972. Today, about 3.6 million connected households in Germany are served by Tele Columbus, primacom, pepcom, Deutsche Telekabel, Martens und KMS with TV signals and, increasingly, digital broadcast packages, Internet and voice connections provided via high-performance broadband cable. As a national provider with a regional focus and a partner of the housing industry, the Group is present throughout its core markets Berlin, Brandenburg, Saxony, Saxony-Anhalt and Thuringia as well as in numerous key regions in western Germany. In tune with current demand trends, the company is upgrading its networks in a hybrid fibre-optic infrastructure for superfast Internet connections of up to several hundred megabits per second with the state-of-the-art Internet transmission standard DOCSIS 3.0. The broadband cable caters to the entire range of innovative media applications from analogous, digital and high-definition TV to high-speed Internet and voice connections to telemetry services, tenant portals and interactive services. Beyond merely transmitting signals, Tele Columbus uses its own product platform in order to actively increase the programme offering and to develop additional services. Via its company HL komm, Tele Columbus also delivers powerful connections and network services to business customers.

Hannes Lindhuber
Phone +49 (30) 3388 4170
Fax +49 (30) 3388 9 1999
presse@telecolumbus.de
www.telecolumbus.de

Tele Columbus AG issued this content on 11 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2016 08:35:31 UTC

Original Document: https://ir.telecolumbus.com/websites/telecolumbus/English/1900.html?newsID=1537917