Corporate | 23 May 2006 13:19
ecotel communication ag: Acquisition assures ecotel further market share
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
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.
(c)DGAP 23.05.2006
—————————————————————————
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:
End of News DGAP News-Service
—————————————————————————