Dr Daniel Ritz, CEO of German cableco Tele Columbus, believes in "non-discriminatory opening of our networks" and "open access." It's made a deal for Telefonica to sell capacity on its cable and fiber networks. Telefonica
Backed by a half-billion investment by Morgan Stanley, Ritz intends to expand including FTTH. It has a natural edge-out possibility, with possible assistance from government money.
Competition has mostly failed in broadband except where network sharing is common. French prices are half the prices in the US, because network sharing (unbundling) has resulted in 4 competitors. Time Warner Cable proved two decades ago it's practical to share cable networks. I subscribed to Earthlink over Time Warner Cable, possible because of a condition in the AOL-Time Warner merger.
The US infrastructure plan is going to fail at the primary goal of affordability. It's based on the highly unlikely proposition that two companies, fiber + cable, will charge much less than the current monopoly cable. The US has fiber _ cable to 40 million homes, and the price is about the same as in cable only markets.
Unbundling cable would work, but is close to impossible politically in the US.
Tele Columbus AG: Tele Columbus launches marketing with first wholesale partner
DGAP-News: Tele Columbus AG / Key word(s): Market launch/Alliance
14.07.2021 / 13:00
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
Launch of open access marks milestone in Fiber Champion strategy
Tele Columbus launches marketing with first wholesale partner
- Telefónica initiates marketing activities in the Tele Columbus Group's network
- O2 fixed-line products now available for tenants at properties served by Tele Columbus
- More selection and a wider range of offerings for tenants
Berlin/Munich 14 July 2021. Tele Columbus AG and Telefónica Deutschland (O2) have announced the implementation of their 2019 wholesale agreement. From 21 July 2021, customers will be able to request and subscribe to O2 fixed-line products in the Tele Columbus network. In doing so, Tele Columbus AG is opening up its broadband networks and offering connected end customers the option of selecting products from different providers with peak bandwidths of up to 1,000 Mbit/s.
"The non-discriminatory opening of our networks is an important aspect of our Fiber Champion strategy and means true added value for our housing industry partners and all tenants," says Dr Daniel Ritz, Chief Executive Officer of Tele Columbus AG. "The option of choosing from different product providers increases the attractiveness of Tele Columbus as a service provider and partner for the housing industry while also activating additional demand potential for our broadband infrastructure."
The ability to market its products to the 2.4 million households in Tele Columbus's network allows O2 to reach more than 26 million households with fixed-line services through cable connections. Both sides hope to obtain new marketing momentum by cooperating. As a result, Tele Columbus anticipates higher penetration of IP-based services in its own network, with Telefónica expecting to strengthen its fixed-line business and improve customer loyalty through new bundled products.
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.
Contact:
Leonhard Bayer
Senior Director Investor Relations
Phone +49 (30) 3388 1781
Fax +49 (30) 3388 9 1999
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www.telecolumbus.com
14.07.2021 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.
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