Tele Columbus AG
LSE:0R50
Tele Columbus AG
Tele Columbus AG provides telecommunication and media services. The company is headquartered in Berlin, Berlin and currently employs 1,255 full-time employees. The company went IPO on 2015-01-23. The firm offers analog cable television (TV), digital TV, Internet access and cable telephony via broadband cable. The service offered by the Company includes digital cable channels, a telephone line or Internet flat rate. There is also a possibility to choose a double flat deal where the client combines a telephone and Internet flat rate or a Sky High Definition (HD). The offers are available in Berlin, Brandenburg, Saxony, Saxony-Anhalt, Thuringia , Saxony and in parts of North Rhine-Westphalia.
Tele Columbus AG provides telecommunication and media services. The company is headquartered in Berlin, Berlin and currently employs 1,255 full-time employees. The company went IPO on 2015-01-23. The firm offers analog cable television (TV), digital TV, Internet access and cable telephony via broadband cable. The service offered by the Company includes digital cable channels, a telephone line or Internet flat rate. There is also a possibility to choose a double flat deal where the client combines a telephone and Internet flat rate or a Sky High Definition (HD). The offers are available in Berlin, Brandenburg, Saxony, Saxony-Anhalt, Thuringia , Saxony and in parts of North Rhine-Westphalia.
Internet Growth: Tele Columbus continued to be the fastest-growing internet operator in Germany, with double-digit growth in internet base and revenues for the fifth consecutive quarter.
Revenue: Full-year 2024 revenue was €426.3 million, with service revenue up 12.3% year-on-year and Q4 service revenue up 18.5% compared to Q4 last year.
EBITDA: Reported EBITDA declined by 3% year-on-year to €138.5 million, mainly due to the TV bulk migration and A&E transaction.
CapEx: Capital expenditure excluding leasing increased by 18% to €216 million, reflecting investments in network, customer growth, and fiber rollout.
TV Customer Losses: TV RGUs decreased by 38.7% due to bulk migration, but near 50% of customers were retained, in line with expectations.
2025 Outlook: Management expects stable revenues, low double-digit million growth in reported EBITDA, and a significant (mid-double-digit million) decrease in CapEx compared to 2024.
Liquidity: Year-end cash position was near €60 million with an additional undrawn €85 million shareholder loan, slightly better than planned.
