Tele Columbus Updates Guidance, Has Over EUR 100 Million Available for Investments

Mittwoch, 25.08.2021 18:20 von PLX

• (PLX AI) – Tele Columbus new outlook FY revenue EUR 465-475 million.
• • Outlook FY capex EUR 185-195 million
• • Outlook FY EBITDA EUR 190-200 million
• • Tele Columbus says has more than EUR 100 million of funds available for investments into its Fiber Champion strategy
• • As previously communicated, the implementation of the Fibre Champion strategy is expected to require network-related investments of up EUR 2 billion over a ten-year period
• • The company will now accelerate investments into fibre network upgrades and the business starting immediately
• • Mid-term outlook will be updated at a later stage