Berlin, 12/04/2018. Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17) announces a change in its management board: Frank Posnanski (51), since 1 September 2011 Chief Financial Officer (CFO) of the Tele Columbus Group and since 12 September 2014 member of the management board of Tele Columbus AG, will leave the company at his own request effective 15 July 2018.
He will be succeeded as CFO and member of the management board by Mr Eike Walters (39), currently Director Controlling. Since November 2007, Eike Walters held various leading financial functions at Tele Columbus Group and has been Director Controlling since April 2014. As part of this role, he leads the commercial steering as well as several important strategic projects. Upon becoming CFO, Eike Walters will drive the consolidation of the running integration and migration processes as well as ensuring the implementation of the company’s strategy together with CEO Timm Degenhardt.
The SDAX-listed Tele Columbus AG serves 3.6 million homes connected thereby being Germany’s third-largest cable network operator. Its brand PŸUR stands for simplicity, performance and fairness in relation to TV and telecommunication products. Via its state-of-the-art fibre network PŸUR offers high-speed broadband internet including fixed-line telephony as well as more than 250 TV channels on a digital entertainment platform which combines linear TV with streaming services. To its housing association partners PŸUR offers flexible 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 Tele Columbus Group is actively supporting the fibre-based broadband internet expansion in Germany. For its business customers the Group offers carrier services and corporate solutions via its 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 traded on the regulated market (Prime Standard) of the Frankfurt Stock exchange and since June 2015 listed in the SDAX.