Corporate | 18 February 2004 07:52
QSC advances to the TecDAX index
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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QSC advances to the TecDAX index
Cologne, February 18, 2004. QSC AG, a nationwide telecommunication provider with
its own DSL network, will advance to the TecDAX index on March 22, 2004. This
decision was made by Deutsche Börse AG at its meeting yesterday to update the
composition of the German equity indices.
The TecDAX is made up of the 30 largest and most solvent technology companies in
the Prime Standard. The crucial factors in a company’s inclusion in this index
are the free float market capitalization and trading volume of its shares. As of
January 31, 2004, QSC had a free float market capitalization of EUR 192.9
million, thus ranking it 21st among all technology stocks listed in the Prime
Standard. A trading volume of EUR 119.7 million during the past twelve months
made the company 32nd in the corresponding index ranking.
“Inclusion in Germany’s premier equity index for technology shares is a major
honor for us, as well as an incentive to further grow the company’s value,” says
Dr. Bernd Schlobohm, co-founder and Chief Executive Officer of QSC AG. “At the
same time, we view it as confirmation of the strategy of establishing QSC as a
leading, integrated telecommunication provider for business customers in
Germany.”
QSC’s shares have been listed on the Deutsche Börse Stock Exchange since April
19, 2000, and in the Prime Standard after modernization of the stock market in
early 2003.
Brief profile
Cologne-based QSC AG (QSC) is a nationwide telecommunication provider with its
own DSL network, supplying businesses and premium residential customers with a
comprehensive portfolio of broadband communication options ranging from leased
lines in various bandwidths to voice and data services right through to custom
enterprise networks (VPN). QSC serves more than 40 of Germany’s largest cities
with its own broadband network infrastructure and additionally offers its
services to business customers nationwide through partners. The company
presently employs a workforce of some 380 people.
Further information
QSC AG
Arne Thull Claudia Zimmermann
Investor Relations Corporate Spokeswoman
Mathias-Brüggen-Str. 55 Mathias-Brüggen-Str. 55
D – 50829 Köln D – 50829 Köln
Fon: +49 221/6698-112 Fon: +49 221/6698-235
Fax: +49 221/6698-009 Fax: +49 221/6698-289
E-Mail: invest@qsc.de E-Mail: presse@qsc.de
end of message, (c)DGAP 18.02.2004
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WKN: 513700; ISIN: DE0005137004; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hannover, München und Stuttgart
180752 Feb 04