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Ecotel Communication AG:ecotel acquires another competitor and signs a long term sales partnerhip
ecotel communication ag / Change of Personnel
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Transparency disclosure in accordance with Article 17 (2) of the Terms and
Conditions for the Regulated Inofficial Market of the Frankfurt Stock
Ex-change:
ecotel acquires another competitor and signs a long term sales partnerhip
Düsseldorf, July 2, 2007
ecotel communication ag has signed an agreement to acquire all shares of
ADTG Allgemeine Telefondienstleistungs GmbH, Rathenow/Brandenburg, one of
the biggest telecommunications resellers for Business customers in Germany.
The transaction has an effective date of January 1, 2007. Simultaneously
ecotel enters into a long term sales partnership for fixed and mobile
telecommunications services with the former owners of ADTG.
The acquisition is in line with ecotel’s strategy to consolidate the German
reseller market und enables ecotel to secure additional market share in the
B2B segment. In addition, ecotel ex-pects synergies on procurement and
efficiency increases through an optimization of the or-ganisational
structure.
ADTG is a supplier of telecommunication services for fixed and mobile
products for business customers and has appr. 5.600 business customers
across Germany. ADTG expects reve-nues of over Euro 7 Mio for 2007. Sales
are done exclusively via indirect sales over a nationwide sales partner
network. The most important sales partners are the sellers of ADTG: CBTEL
(Rathenow), MaKoTec GmbH (Osnabrück), MPC Service GmbH (Heidelberg) and BTD
Telekommunikation GmbH (München).
The seller group has one of the biggest independent telecommunications
sales teams in Germany. An essential part of the transaction is the setup
of a long term sales partnership with ecotel. A further part of the
cooperation includes the recommendation towards the gen-eral assembly to
elect Mirko Mach, managing director of MPC Service GmbH, as new mem-ber of
the ecotel’s supervisory board.
ADTG will initially continue to exist as a standalone company within the
ecotel group. A full integration into ecotel is planned in the following
months with a full takeover of the 15 ADTG employees.
The purchase price consists of cash and equity from ecotel’s authorized
stock with the major part of the purchase price in stock. The closing of
the transaction is expected to take place in the next weeks. The seller and
buyer agreed not to disclose the purchase price.
About ecotel communication ag:
As a telecommunications company that operates throughout Germany, ecotel
communication ag specialises in the requirements of small and mediumsized
enterprises. In its core 'Business Customer Solutions' division, ecotel
offers innovative voice, data and value added services including direct
connections as a full, lowcost package from a single source. Since
ac-quiring Tiscali Nacamar GmbH in March 2007 (now operating under nacamar
GmbH), ecotel also has professional data services such as secure networking
of corporate locations (VPN) in its portfolio and operates its own German
backbone network including a data centre in Frankfurt. The Company now
provides more than 40.000 business customers from all sectors throughout
Germany with standardised and individual telecommunications solutions .
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 over 200 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. Furthermore this publication shall not constitute a securities
prospectus. This document must not be distributed outside of Germany, in
particular not in the United States of America, Canada, Australia or Japan.
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Information and Explaination of the Issuer to this News:
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. Furthermore this publication shall not constitute a securities
prospectus. This document must not be distributed outside of Germany, in
particular not in the United States of America, Canada, Australia or 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: presse@ecotel.de
Fachmedien
Alexandra Rath
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: presse@ecotel.de
Further information: www.ecotel.de.
DGAP 02.07.2007
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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
E-mail: achim.theis@ecotel.de
Internet: 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
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