ecotel communication ag / Acquisition



Corporate-announcement transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

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Company group acquired DSLCOMP Communications GmbH and sister companies forecasts sales for 2006 in excess of EUR 12 million and EBT of about EUR 1.2 million

Price tag: EUR 7.78 million

Düsseldorf, May 23, 2006 ecotel communication ag, Düsseldorf has acquired all the shares in the corporate group comprising DSLCOMP Communications GmbH, Phasefive AG and RC Communications GmbH, all likewise based in Düsseldorf.. The purchase price will be financed from the proceeds from the capital increase affected in the context of the IPO at the end of March. The companies acquired are active in the fields of telecom solutions for corporate clients, systems development and distribution. The acquired group is expected to book sales for 2006 in excess of EUR 12 million and EBT of about EUR 1.2 million. The acquisition includes existing cash reserves totaling EUR 740 thousand.

DSLCOMP Communications GmbH is a long-standing provider of telecommunications voice, data and value-added services with a focus on business clients and supports in excess of 7,500 small and medium-sized business clients nationwide. Distribution of the various telecom products and services is handled both through its sister company RC Communications GmbH, which has its own call center, and via 200 long-standing distribution partners. Phasefive AG supports various telephone companies in Germany – in the core segment of software development and billing solutions. ecotel is thus moving the expansion of its position in the business client market forwards and intensifying distribution of its “Internet telephony solutions (VoIP)”. Furthermore, ecotel believes the acquisition will offer synergies in procurement and boost efficiencies through an optimization of the organizational structure.

The three companies will initially continue to function as independent ecotel subsidiaries. Complete integration of both companies is scheduled for the near future. The approx. 25 members of staff in the group will all be taken on by ecotel.


About ecotel: 

ecotel is a network-independent telecoms provider founded in 1998, immediately after liberalization of the telco market. In what has to date been its core division, “Solutions for Business Clients“, the company provides voice, data and value-added services to small and medium-sized enterprises in particular, as well as direct access for voice and data traffic from a single source. Nationwide, more than 25,000 corporate clients now make use of ecotel’s standardized and customized telecom solutions.

ecotel has brought its products and services for telecoms corporation and non-branch promoters as well as Wholesale services together in its rapidly growing second division of “Re-Seller Solutions”. Systems developed in-house and modern switching technology constitutes the interface between the two divisions and thus enables bundling of services and telecommunications solutions on the basis of new technological standards at favorable rates, e.g., IP services incl. VoIP (Internet telephony).
ecotel communication ag is headquartered in Düsseldorf. In early 2006, a second hub was opened in Munich. At present, the company has a payroll of some 100 staff. In 2005, the telecoms provider placed no. 8 in the Deloitte “Technology Fast 50” competition. In other words, it is among the Top 10 fastest-growing technology companies in Germany.


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.


For further details for the press, please contact:
ecotel communication ag

Business and financial media
Annette Drescher (Assistentin des Vorstandes)
Tel.: +49-211-55 007-740
Fax: +49-211-55 007 5 740
Email: presse@ecotel.de


Trade press
Stefanie Toloszycki
Tel.: +49-211-55 007-310
Fax: +49-211-55 007 310
Email: presse@ecotel.de


Further information can be obtained in the Internet from www.ecotel.de.




DGAP 23.05.2006 

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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
email:        achim.theis@ecotel.de
WWW:          www.ecotel.de
ISIN:         DE0005854343
WKN:          585434
indices:      
 
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