Corporate | 1 November 2007 12:13
3U HOLDING AG / Miscellaneous
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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Marburg, 1 November 2007 – With today´s entry into the Commercial Register
3U TELECOM AG, which is listed in the Prime Standard at Frankfurt Stock
Exchange (ISIN DE0005167902), is now operating under the new name 3U
HOLDING AG with immediate effect. The change of the name reflects the
strategic reorientation of the Marburg-based company. The new 3U HOLDING AG
will operate as a management- and investment holding company. By expanding
its investment business it expects to achieve new growth and yield
potential. Of the original telecommunication sector it is planned to merely
continue the core business of fixed-line telephony; for this reason the
subsidiary LambdaNet Communications Deutschland AG is planed to be sold.
Against the background of the commonly known restrictions of banks towards
awarding loans for investment financing, triggered by the crisis on the
American market for mortgage loans, there is the possibility that the sale
will be hampered however.
Contact:
3U HOLDING AG
Investor Relations
Neue Kasseler Str. 62F
35039 Marburg
phone: 06421/ 999-1200
fax: 06421/ 999-1998
e-mail: boerse@3u.net
01.11.2007 Financial News transmitted by DGAP
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Language: English
Issuer: 3U HOLDING AG
Neue Kasseler Str. 62 F
35039 Marburg
Deutschland
Phone: +49 (0)6421/999-0
Fax: +49 (0)6421/999-1111
E-mail: boerse@3u.net
Internet: www.3u.net
ISIN: DE0005167902
WKN: 516790
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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