EQS-News

1&1 AG: Tele Columbus and 1&1 agree wholesale cooperation - Seite 2

To create the necessary technical and organisational interfaces to allow seamless purchasing and service workflows is already well underway. From a technical perspective, the 1&1 internet signal will be fed into multiple central Tele Columbus network points and passed through to customer households.

1&1 AG is one of the leading providers of high-performance broadband services in Germany, with over four million customers. 1&1 AG as well as 1&1 Versatel GmbH both belong to the United Internet group, itself a stock listed company in Germany. United Internet (with 40%) as well as Morgan Stanley Infrastructure Partners (with 60%) are shareholders in Kublai GmbH. Following the public tender offer in 2021, Kublai is the majority shareholder in Tele Columbus AG with around 95%.

Tele Columbus builds, operates and markets fibre-optic, cable-based broadband networks, providing internet to around 2.3 million homes. An increasing number of internet connections are currently being upgraded to handle gigabit speeds. In addition, Tele Columbus continues to work with housing associations to expand its fibre-to-the-home (FTTH) infrastructure.

About 1&1 AG

1&1 AG is a listed telecommunications provider based in Montabaur. The company is part of the United Internet AG group. 1&1 offers its customers a comprehensive portfolio of wireless services and broadband access. It also offers attractive bundled products comprising mobile and fixed-network services, as well as value-added applications such as home networking, online storage, video-on-demand, smart home solutions and IPTV. While the brand 1&1 addresses value and premium segments, the Group's discount brands appeal to a price-conscious target groups.

Following its successful participation in the 5G frequency auction, 1&1 is now building the most innovative mobile network in Europe based on the new OpenRAN technology.

 

About Tele Columbus AG

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 200 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.