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ADORI AG – acquisition of ArcTel AG
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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ADORI AG – acquisition of ArcTel AG marks first step of strategic realignment
ADORI AG, listed on the Neuer Markt segment of the Frankfurt Stock Exchange, is
acquiring 100% of the stock in ArcTel AG (formerly ArcTel GmbH & Co. KG). Prior
to the acquisition, ArcTel GmbH & Co. KG was merged with TANGENS GmbH, a mobile
telephony service provider, and with LANDTEL Netz GmbH, a provider of wireless
local loop connections. The parties to the deal have agreed not to release any
details regarding the modalities of the transaction.
Newly-formed ArcTel AG focuses on providing broadband subscriber connection for
wireless telecommunications using standard terminal equipment available on the
market. Wireless technology is a new approach enabling wireless and hence fast,
high-performance access to the Internet and to voice communication.
Messrs. Andreas Bamberg, Gerhard Zeitler and Berend Koerber have been appointed
to the Management Board of ArcTel AG. The Supervisory Board comprises Dr. Jan
B. Rittaler, Ulrich Altvater and Martin Kagerer. In the weeks ahead, the
Regensburg-based company will be releasing further details concerning its
strategy and business fields.
Contact:
Christine Meier
Corporate Communications
ADORI AG
Straubinger Straße 81
D-93055 Regensburg
Tel.: +49 (0)941-7088-447
Fax: +49 (0)941-7088-499
E-mail: ir@adori.de
end of ad-hoc-announcement (c)DGAP 03.05.2002
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WKN: 665510; ISIN: DE0006655103; Index:
Listed: Neuer Markt in Frankfurt;
Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und
Stuttgart
031625 Mai 02
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