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ecotel communication ag — M&A Activity 2007
Mar 2, 2007
131_rns_2007-03-02_dd7da4a3-2e3e-48e7-964e-61761399ba89.html
M&A Activity
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Corporate | 2 March 2007 17:44
Ecotel Communication AG:ecotel communication ag: Acquisition of Tiscali’s German B2B operation finalized
ecotel communication ag / Acquisition
Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Transparency Message according to § 17 section 2 of the General Principles
of Business of the Frankfurt Stock Exchange:
ecotel communication ag: Acquisition of Tiscali's German B2B operation
finalized
Düsseldorf, March 2 2007
ecotel communication ag / Closing Tiscali Nacamar GmbH
After fulfillment of all closing conditions, Tiscali S.p.A. and ecotel
communication ag closed their deal of 4 February 2007, pursuant to which
ecotel acquired all shares in Tiscali Nacamar GmbH. Tiscali Nacamar GmbH
represents all of Tiscali's former German B2B business. '
About ecotel communication ag:
ecotel is a German telecommunications service provider focused on the small
and medium sized business segment. It offers voice and data services as
well as access services.
In its core division 'Business Customers' the company provides voice,
data-, value-added services as well as access lines in line with attractive
bundles. The acquisition of Tiscali Nacamar GmbH enables ecotel to offer
professional data services such as the secure and reliable interconnection
of company sites. Furthermore, ecotel now owns a national backbone network
as well as a data center in Frankfurt. Meanwhile the company has more than
37.000 business customers.
In its second division 'Resale' the company provides telecoms carrier
services to other telecoms operators and non-industry distributors as well
as wholesale services. In addition, ecotel operates a state-of-the-art
Wholesale platform for the inter company trade of telephony minutes with
over 70 national and international carriers and broadens its value chain
for the core business 'business customers'.
ecotel was founded in 1998 and is headquartered in Düsseldorf. At present,
the group has 210 employees. It is among the fastest growing technology
companies and was ranked 8th and 38th in 2005 and 2006 in the Deloitte
'Technology Fast 50' competition.
Please note:
This publication does not constitute an offer for the sale of shares in the
company or a solicitation of an offer for the purchase of shares in the
company. Such offer is exclusively be made through and on the basis of a
securities prospectus. This document must not be distributed outside of
Germany, in particular not in the United States of America, Canada,
Australia and Japan.
Press contact:
ecotel communication ag
Wirtschafts- und Finanzmedien
Annette Drescher (Assistentin des Vorstandes)
Tel.: 0211-55 007-740
Fax: 0211-55 007 5 740
Email: [email protected]
Fachmedien
Stefanie Toloszycki
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: [email protected]
Further informations: www.ecotel.de.
DGAP 02.03.2007
Language: English
Issuer: ecotel communication ag
Prinzenallee 9-11
40549 Düsseldorf Deutschland
Phone: +49 (0)211 55 00 7300
Fax: +49 (0)211 55 00 75300
E-mail: [email protected]
www: www.ecotel.de
ISIN: DE0005854343
WKN: 585434
Indices:
Listed: Freiverkehr in Berlin-Bremen, München, Düsseldorf, Stuttgart;
Entry Standard in Frankfurt
End of News DGAP News-Service