0
Broadband

Tele Columbus posts Q4 loss of EUR 137 million after writedown of TV business

Friday 29 March 2019 | 09:17 CET | News
German cable operator Tele Columbus saw its net loss widen to EUR 137 million in the fourth quarter from EUR 10 million a year ago after an impairment charge of 124 million to writedown the long-term prospects for its TV activities. Revenues dipped 0.4 percent to EUR 126.6 million, and adjusted EBITDA fell 18.2 percent to EUR 59.3 million. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Tele Columbus
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Tele Columbus sees decline in revenues, normalised EBITDA, adds 48,000 homes to network in Q1

Published 29 May 2019 10:04 CET | Germany
German cable network operator Tele Columbus said that sales in the first quarter of 2019 fell year-on-year by 2.7 percent to EUR ...

Tele Columbus considers taking on board new investor to support fibre expansion

Published 16 Apr 2019 09:45 CET | Germany
Tele Columbus said it evaluates options in the context of the fibre network expansion in Germany. It will only pursue a ...

Tele Columbus names Krause chairman of supervisory board

Published 02 Apr 2019 15:56 CET | Germany
German cable operator Tele Columbus said Andre Krause is the new Chairman of the Supervisory Board. Krause succeeds Frank Donck, ...

Last week in telecoms: focus on BT, TIM, Altice Europe and the German market

Published 01 Apr 2019 07:01 CET | Europe
Winners and losers in the Telecompaper Stock Index European Telecoms roughly balanced each other out in week 13. Still, the index ...

Brandenburg consumer association warns Tele Columbus over price increases

Published 29 Mar 2019 10:28 CET | Germany
The Association for the protection of consumers in Brandenburg (VZB) has warned Tele Columbus over a clause included in its ...

Tele Columbus maintains outlook as customer losses continue in Q3

Published 29 Nov 2018 10:34 CET | Germany
German cable operator Tele Columbus maintained its outlook for full-year results after reporting higher revenues, lower adjusted ...

Tele Columbus agrees new EUR 75 mln term loan

Published 12 Oct 2018 09:24 CET | Germany
Tele Columbus announced that it entered into a binding commitment with credit funds advised by Goldman Sachs for an additional ...

Tele Columbus Q2 revenues down 6.3%, EBITDA falls 15.7%

Published 04 Sep 2018 10:57 CET | Germany
German operator Tele Columbus reported Q2 revenues of EUR 116.6 million, down 6.3 percent from EUR 124.4 million in Q2 2017. ...

Tele Columbus cuts FY EBITDA forecast again, aims for stable revenues

Published 29 Aug 2018 14:56 CET | Germany
German operator Tele Columbus cut its profit outlook for 2018 based on results for the first half of 2018, lowering its annual ...

Tele Columbus lowers FY targets after slow start in Q1

Published 15 May 2018 15:44 CET | Germany
German cable operator Tele Columbus reported revenues of EUR 123.4 million for the first quarter of 2018, a 2 percent increase ...

Tele Columbus raises EUR 650 mln in debt issue

Published 30 Apr 2018 11:10 CET | Germany
German cable operator Tele Columbus announced that it's raised EUR 650 million in new senior secured notes for debt refinancing. ...





Calendar   /   Industry Events

22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Vodafone AGM
24 Jul Mellanox Technologies Q2 2019
24 Jul Netgear Q2 2019
24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul Line Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul Technicolor H1 results
25 Jul Comcast Q2 2019
25 Jul Juniper Networks Q2 2019
25 Jul Orange Q2 2019
25 Jul Alphabet Q2 2019
25 Jul STMicroelectronics Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Amazon Q2 2019
25 Jul Smith Micro Q2 2019
::: More Calendar Items