3U Wins Customers for Virtual Network Operation

  • 3U TELECOM makes Next Generation Network available and enables secure third-party connections as a service provider

Marburg, 9 April 2019 – 3U TELECOM GmbH, a wholly-owned subsidiary of 3U HOLDING AG (ISIN DE0005167902), has won its first external customers for its offer of “virtual network operation”. 3U TELECOM makes its Next Generation Network (NGN) available to operators of subscriber or connection networks and offers comprehensive service with permanent quality assurance. This allows customers to concentrate on their core business of customer support and marketing, while transferring the technical handling to 3U TELECOM as an experienced and technologically leading service provider. Among other things, nine operator network identification codes (010xy) of companies belonging to the Westend Management GmbH group based in Langen, Germany, and four network identification operator codes of another group of companies from Frankfurt/Main, Germany, are currently operated in 3U TELECOM’s NGN.

Voice communication in the telecommunications networks will in future only take place via NGN using the Internet Protocol (Voice over IP, “VoIP”). Only recently, 3U TELECOM converted all its interconnects with Telekom Deutschland to NGN. Only through NGN interconnection is it now possible to map third-party networks on one’s ownthe 3U TELECOM network and to secure the connections of third-party operator codes as a service provider. The comprehensive mastery of this technology, decades of experience and outstanding technical equipment of 3U TELECOM are among its competitive advantages.

Uwe Becker, Managing Director of Westend Management GmbH, explains: “Many millions of people are looking for inexpensive and secure telephone connections – especially abroad. With our offer these consumers can telephone also today still very favorably. Thanks to the cooperation with 3U TELECOM, we can further increase our efficiency and continually improve our services thanks to their state-of-the-art technology and good all-round support.”

“Our strategy continues to be to gain market share through our technological lead in the declining market for fixed-line telephony. We are currently making good progress,” says Uwe Knoke, Managing Director of 3U TELECOM.

“In addition to our strategic growth areas of cloud computing and e-commerce, we have a solid foundation in our traditional telecommunications business and see good opportunities to further expand our market position and increase profitability,” adds Michael Schmidt, CEO of 3U HOLDING AG.

 

Further information:
Dr Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 (0) 6421 999-1200
Fax: +49 (0) 6421 999-1222
E-mail: ir@3u.net