Corporate | 12 May 2011 14:19
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telegate AG / Key word(s): Legal Matter/Legal Matter
Planegg-Martinsried near Munich, May 12, 2011 – The Higher Regional Court (OLG) Duesseldorf informed telegate AG that the pronouncement of a judgment on the action against Deutsche Telekom AG for repayment of data costs is postponed from May 18, 2011 to June 08, 2011 due to organizational reasons. telegate AG claims repayment of excessive costs for the provision of subscriber data in the amount of EUR 52.04 m plus interest from the years 1997 to 2000 in this proceedings.
telegate AG is a multichannel-provider of local search. The company extended the classic business sector telephone directory assistance with information offers on the Internet financed by advertising and additional digital Media. The company supplies the users in Germany with high-quality information via the Internet portals 11880.com and klicktel.de, the telephone directory assistance 11880, the klickTel software as well as via local search applications for mobile devices. According to the GFK, 11 88 0 is the most known telephone number in Germany with an unaided brand awareness of approximately 54 percent as well as the leading alternative provider of telephone directory assistance on the German market with a market share of approximately 40 percent. The company as a marketing partner offers tailored advertising consulting and concepts for all modern directory assistance media. Small and medium-sized businesses receive a modern 'One-Stop-Advertising'-offer via the distribution brand 'telegate MEDIA': trade advertising in telegate's five directory assistance channels combined with marketing via partners with a great coverage, e.g. Vodafone and Nokia. In addition to Germany, telegate is today established in Austria and Spain. The company was launched in 1996 and has been successfully listed on the Frankfurter Boerse (Frankfurt stock exchange) since 1999 (ISIN: DE0005118806). The telegate group with approx. 2,000 employees generated total revenues in the amount of approx. EUR 124.6 m and an annual group results before depreciation and amortization, interest and tax (EBITDA) before non-recurring items in the amount of EUR 23.2 m in the annual year 2010. Contact:
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| Language: | English | |
| Company: | telegate AG | |
| Fraunhofer Str. 12a | ||
| 82152 Planegg-Martinsried | ||
| Deutschland | ||
| Phone: | +49 089 – 89 54 0 | |
| Fax: | +49 089 – 89 54 10 10 | |
| E-mail: | info@telegate.de | |
| Internet: | www.telegate.com | |
| ISIN: | DE0005118806 | |
| WKN: | 511880 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart | |
| End of News | DGAP News-Service |
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