• Fast switchover from cable to fibre-optic connection
• Project to act as a blue print for gigabit build-out in Berlin
• Converting >1,400 apartments to fibre
Berlin, 24 March 2022. As part of a cable provision contract with the housing cooperative Wohnungsgenossenschaft Treptow-Süd, Tele Columbus has started converting the existing cable network in 1,466 residential units into FTTH fibre optic connections.
For Tele Columbus, the project marks the first time that it plans to convert an existing DOCSIS cable network to full fibre optics – an approach known as “overbuilding”.
The project at properties in Berlin’s Niederschöneweide and Adlershof districts acts as a model for the city’s housing cooperatives. The experience gained there will provide key insights into the conditions necessary for the successful, rapid conversion to future-proof FTTH technology.
Under the agreement, the units will be fully converted to fibre optics in three phases between now and the end of 2023. The first households will be able to use their fibre-optic connections in September 2022. As the name indicates, fibre to the home technology (FTTH) brings optical-fibre service directly into people’s homes. So far, telecommunication services have been provided through a hybrid network of optical fibre in combination with coaxial cables within the buildings themselves. The new fibre-optic connections will help to ensure the easy adjustment of bandwidths and transmission capacities for years to come.
The FTTH project in Berlin also marks the start of plans to convert many of the Tele Columbus Group’s existing networks to optical-fibre technology throughout Germany. With its Fiber Champion Strategy, Tele Columbus is making fibre-optic conversion a priority and is meeting the housing industry’s increased demand for sustainable, efficient and high-performing fibre-supply concepts.
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.
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.