QSC AG

Regulatory Filings • Jun 10, 2010

News Details

Corporate | 10 June 2010 10:00

freenet and QSC forge long-term network partnership

QSC AG / Alliance

10.06.2010 10:00

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

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freenet and QSC forge long-term network partnership

Kiel/Cologne, June 10, 2010 - freenet Cityline GmbH, a member of the
freenet Group, and QSC AG, a leading mid-size services provider in the
telecommunications industry with its own Next Generation Network (NGN),
inked an agreement on a long-term network partnership. QSC will assume
freenet's narrowband network - which handles preselection, call-by-call and
Internet-by-call services - and integrate it into QSC's NGN. This network
integration will generate synergies for both parties. End-customer business
will remain exclusively with freenet. The agreement between freenet and QSC
is long-term in nature and will initially run for a period of ten years.
The transaction is subject to various conditions that could delay its
execution.

'QSC has one of the most modern IP-based telecommunication networks in
Germany,' notes QSC AG Chief Executive Officer Bernd Schlobohm. 'The
agreement that has now been signed will fully integrate freenet's existing
voice network into our own infrastructure over the course of the next five
months.'

'Following the sale of our DSL business and freenet's continued clear focus
on its core lines of business, mobile communication and the mobile
Internet, this partnership is the logical consequence,' says Andreas Sand,
the member of the management board of freenet Cityline GmbH responsible for
landline business. 'At the same time, it will serve as the basis for
continuing to profitably operate our contracting legacy narrowband business
under a now largely variable cost basis.'

With this partnership, QSC will further broaden its leading position in
handling Voice-over-IP-based voice minutes in Germany. Bernd Schlobohm
adds: 'This agreement once again shows that we are well aligned with our
own Next Generation Network and can cost-efficiently implement IP-based
services for other telecommunications companies. And the integration of the
freenet infrastructure will also drive the growing performance of our NGN.'

About QSC AG

QSC AG (QSC), Cologne, is the leading medium-sized service provider to the
telecommunications industry with its own Next Generation Network (NGN). QSC
offers a complete portfolio of high-quality broadband communication
services with a particular focus on medium-sized companies. In addition to
providing intelligent network-related voice and data services, QSC
implements complete enterprise networks (VPNs), including managed services.
It provides high-performance DSL, Ethernet and wireless local loop
connections of up to 800 Mbit/s. In the Wholesale line of business, QSC
additionally supplies national and international carriers, ISPs as well as
strong providers in the residential customer market with the necessary
unbundled initial products. QSC currently employs about 700 people and is
listed in the TecDAX index.

About freenet Group:

The freenet Group is the biggest network-independent telecommunications
provider in Germany. In its mobile communications activities, the Group
pursues a long-term brand and product strategy centred on the strong
'mobilcom-debitel' brand and focusing on customer needs. The freenet Group
is Germany's largest independent sales platform for mobile communications
and fixed-line products, with some 800 exclusively branded shops and
approx. 6,000 points of sale in addition to its well-established online and
direct sales channels. This puts freenet in a position to provide
independent consulting to customers across all networks and products.

Contact information:

freenet Aktiengesellschaft
Elke Rüther
Deelbögenkamp 4c
22297 Hamburg
Tel: +49 40 513 06 777
Fax: +49 40 513 06 977
E-Mail: pr@freenet.ag

QSC AG
Claudia Isringhaus
Corporate Communications
Mathias-Brüggen-Str. 55
50829 Köln
Fon: +49 221 6698-235
Fax: +49 221 6698-289
Mail: presse@qsc.de

10.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Köln
Deutschland
Phone: +49 (0)221 66 98-112
Fax: +49 (0)221 66 98-009
E-mail: invest@qsc.de
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart

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