QSC AG

Business and Financial Review • Aug 30, 2017

News Details

Ad-hoc | 30 August 2017 12:08

QSC boosts telecommunications business with separate subsidiary

QSC AG / Key word(s): Miscellaneous

30-Aug-2017 / 12:08 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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QSC boosts telecommunications business with separate subsidiary

Cologne, 30 August 2017. The Management Board of QSC AG today decided to boost its telecommunications business by spinning this off into a subsidiary, thus enabling better use to be made of new opportunities arising in the market. To this end, QSC will be pooling its network operations, network services and the entire management of preliminary and end products for corporate customers and resellers, including customer and partner management, sales and marketing. The new structure is particularly intended to make it easier to enter into cooperations and participations and accelerate the implementation of new business models with partners. The planned measure is still subject in particular to approval by the Supervisory Board and the next Annual Shareholders’ Meeting.

Contact:

QSC AG

Arne Thull

Head of Investor Relations

T +49 221 669 8724

F +49 221 669 8009

invest@qsc.de

www.qsc.de

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30-Aug-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	QSC AG
	Mathias-Brüggen-Straße 55
	50829 Cologne
	Germany
Phone:	+49-221-669-8724
Fax:	+49-221-669-8009
E-mail:	invest@qsc.de
Internet:	www.qsc.de
ISIN:	DE0005137004
WKN:	513700
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service