Financial news
- Customer growth in the Internet and Telephony segment remains at a high level (+9,5 % YoY)
- EUR 210.6 million in revenue in the first half of 2025 (-5.4% YoY)
- Reported EBITDA -10.3% to EUR 60.2 million in the first half of 2025 burdened by decline in sales and transformation activities
- Normalised EBITDA -8.7% to EUR 84.9 million in the first half of 2025
- Capital expenditure excluding leasing (capex) in the first half of 2025 at EUR 74.8 million (-19.7% YoY) as a result of efficient capital allocation with a focus on end customer sales and fiber optic expansion
Berlin, August 29, 2025. Tele Columbus AG (“Tele Columbus”, “the Company” or “the Group”), one of Germany’s leading fiber network operators, today published its results for the second quarter and thus for the first half of the 2025 financial year.
The pace of growth in the Internet customer base remained at a high level with an increase of 9.5% YoY. The demand for high bandwidths remains unbroken: Around 80% of new Internet and telephony customers chose tariffs with bandwidths of 250 Mbit/s or faster in the second quarter.
The total number of TV customers in the second quarter of 2025 decreased by -9k customers compared to the first quarter and thus remains at around 1.1 million customers in total (-3.0% YoY). The share of individual user contracts included in this figure fell by -6k to a total of 855k in the second quarter. The Premim-TV segment remained stable compared to the previous quarter with -4k customers. The slight decline in single-user and premium TV contracts is mainly due to a slight decrease in 3P bundling rates.
At EUR 210.6 million, Tele Columbus recorded a decline in revenue of EUR -12.0 million in the first half of 2025 compared to the same period of the previous year (-5.4% YoY), but a slight increase compared to the previous quarter (+0.8% QoQ). The increase in revenue in the Internet & Telephony segment (incl. Hardware & Wholesale) in the first half of 2025 of EUR 16.7 million (+16.8% YoY) could not fully compensate for the decline in revenue in the TV segment in the same period of
EUR -27.6 million (-32.6% YoY). Compared to the first quarter of 2025 (EUR 28.9 million), TV revenue remained almost stable at EUR 28.3 million.
Normalised EBITDA amounted to EUR 84.9 million in the first half of the year and fell by -8.7% compared to the same period of the previous year. Reported EBITDA decreased from EUR 67.1 million in the first half of 2024 to EUR 60.2 million (-10.3% YoY). In addition to lower total revenue, this was also due to higher personnel costs in ongoing operations. The continued transformation of the company also led to additional provisions for one-off expenses in the second quarter of 2025.
Tele Columbus invested a total of EUR 74.8 million (excluding leasing) in the first half of 2025 (-19.7% YoY) as a result of the stricter capital allocation with a focus on retail sales and fibre optic expansion. The largest share of investments is still attributable to network expansion (37.1%).
