EQS-News
1&1 AG: Tele Columbus and 1&1 agree wholesale cooperation
EQS-News: 1&1 AG / Key word(s): Strategic Company Decision/Alliance
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Tele Columbus and 1&1 agree wholesale cooperation
- 1&1 partners up with Tele Columbus Group in the marketing of broadband connections
- 1&1 will have access to all IP-enabled households in Tele Columbus‘ network, therefore Tele Columbus‘ network penetration is expected to increase
- Even broader range of services available to housing associations and tenants
- Technical implementation already underway, 1&1 products available on Tele Columbus network from April 2023
Montabaur, Berlin. 21 November 2022. Tele Columbus and 1&1 have announced a new long-term wholesale framework agreement. In this partnership the nationwide transport network of 1&1 Versatel GmbH will be connected to Tele Columbus‘ regional city networks. Thereafter 1&1 will be able to offer households high-speed internet connections featuring an internet-enabled Tele Columbus cable or fibre connection as of April 2023.
Housing tenants with Tele Columbus internet connections will soon be able to purchase 1&1 products and services. For 1&1, the new cooperation agreement opens up additional marketing potential of more than 2 million households currently, with fixed-line products offering peak bandwidths of up to 1,000 Mbit/s. Tele Columbus benefits from an even higher network penetration.
“The network opening from April 2023 is widening the choice of broadband products and offers a genuine added value for our housing association partners and all of their tenants,” explains Dr Daniel Ritz, Chief Executive Officer and Chairman of the Management Board of Tele Columbus AG. “At the same time we are thrilled to be working with such a strong and well-known brand as 1&1.”
“Through the cooperation with Tele Columbus, we are able to further increase our coverage with fast broadband connections. In addition to Tele Columbus' existing fibre and cable connections, we will also have access to fibre connections that will be built by Tele Columbus in the future. We look forward to working together to provide even more German households with fast and reliable internet connections," says Ralph Dommermuth, CEO of 1&1 AG.