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ecotel communication ag: ecotel has a moderate start in 2009
ecotel communication ag / Quarter Results
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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- Development of business dependent on regulatory decisions
- Ethernet leased lines as new growth driver
Düsseldorf, May 15, 2009
Revenues in the first quarter decreased 10% from EUR 26.9 million to EUR
24.1 million. The decline can be attributed mainly to the competitive
situation and the suspended processing of the uninterrupted takeover of
access lines by Deutsche Telekom AG.
EBITDA was EUR 1.2 million and stayed EUR 0.5 million below previous year
figures. EBIT in the first quarter was EUR 0.3 million and was also EUR 0.5
million lower than in the previous year. Net income was EUR 0.1 million.
The consolidation of the subsidiaries was further pushed during the
reporting period. The merger of the B2B business of nacamar GmbH and of
Phasefive AG and the corresponding entry into the commercial register
should be finalized by the end of the second quarter. The restructuring and
integration of the B2B data business has been completed successfully and
ecotel's data business is back to healthy margins.
Furthermore, ecotel's new Ethernet product was successfully launched in the
market. These innovative 'future proof leased lines' allow ecotel to
provide companies with data connections ranging from 10 Mbit/s up to 10
Gbit/s at any location in Germany.
Investments in the first quarter were EUR 1.3 million. They comprise the
installation of a state of the art backbone infrastructure, an additional
New Media streaming platform and new 'blade server proof' rack systems in
the data center, which form the base of new revenues in the future.
The current economics situation and the upcoming regulatory decisions
complicate the release of a guidance for 2009. The management expects 2009
revenues and EBITDA to stay on 2008 level.
The complete quarterly report can be downloaded from ecotel's website
(www.ecotel.de ).
About ecotel communication ag:
ecotel is a publicly listed telecommunications company which operates in
Germany and focuses on three business divisions.
In its core division 'Business Customers' the company offers an integrated
product portfolio of voice, data and mobile services. ecotel meanwhile
serves appr. 40.000 business customers within Germany with standardised and
individual telecommunications solutions and consistently implements its
fixed mobile convergence (FMC) strategy.
In its second division 'Wholesale Customers' the company provides carrier
and wholesale services to other telecoms operators and to non-industry
distributors. ecotel deploys state of the art enabling and switching
platforms in order to provide its product portfolio (unbundled local loops,
broadband access lines, mobile services) to other resellers. At the same
time the company achieves economics of scale and broadens its value chain
for its own core business 'business customers'.
The division 'New Business' contains ecotel's fast growing subsidiaries and
new ventures. Apart from PPRO, easybell, ecotel private and toBEmobile this
division also includes nacamar's New Media business, which has been
transferred into this unit.
ecotel was founded in 1998 and is headquartered in Düsseldorf. At present,
the group has approx. 210 employees. It is among the fastest growing
technology companies and was ranked among the top 50 companies in the
Deloitte 'Technology Fast 50' competition for the past four consecutive
years.
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:
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 (Leitung Marketing / PR)
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: presse@ecotel.de
Further information: www.ecotel.de.
15.05.2009 Financial News transmitted by DGAP
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Language: English
Issuer: ecotel communication ag
Prinzenallee 9-11
40549 Düsseldorf
Deutschland
Phone: +49 (0)211 55 00 70
Fax: +49 (0)211 55 00 7 222
E-mail: info@ecotel.de
Internet: http://www.ecotel.de
ISIN: DE0005854343
WKN: 585434
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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