Debitel AG
debitel AG english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Stuttgart, October 12, 2001. debitel’s Dutch subsidiary, debitel Nederland, is
to acquire the Dutch company, Talkline Nederland.
With the takeover of Talkline Nederland, debitel will acquire the biggest
available contract-customer base in the Netherlands. Talkline Nederland
currently has 160,000 credit customers and generated last year revenues of Euro
180 million with 190 employees. debitel Nederland expects the amalgamation of
the two companies to result in significant synergy effects. These include
improved purchasing conditions from the network operators (KPN and Libertel),
additional sales channels with retailers specializing in telecommunications and
economies of scale in the whole field of customer care. Talkline Nederland has
an excellent customer base in the SME (small and medium-sized enterprises) and
SoHo (small offices, home offices) segments. As a result of these effects the
new company will achieve substantial growth in margins and earnings.
For the year 2000 debitel Nederland had revenues of Euro 349 million, counts 1.3
million subscribers and employs 545 people, 100 of whom work in the company’s
own 40 shops. Talkline Nederland will be completely integrated by debitel
Nederland.
The two parties have agreed not to divulge the purchase price. debitel is still
awaiting the approval of the anti-trust authorities; the deal is expected to be
closed in November.
end of ad-hoc-announcement (c)DGAP 12.10.2001
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WKN: 540 800; Index:
Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, Hannover, München und Stuttgart
120719 Okt 01
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