PTA-News: 3U HOLDING AG: 3U Wins Customers for Virtual Network Operation

4/9/2019, 8:00 AM (Source: pressetext)
Marburg (pta006/09.04.2019/08:00) - _ * 3U TELECOM makes Next Generation Network available and enables secure third-party connections as a service provider

Business news for the stock market

Marburg (pta006/09.04.2019/08:00) - _
* 3U TELECOM makes Next Generation Network available and enables secure third-party connections as a service provider

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 the 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: "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
About 3U:
3U HOLDING AG (www.3U.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of Information and Telecommunications Technology (ITC), Renewable Energies (RE) and Sanitary, Heating and Air Conditioning Technology (SHAC). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.
3U HOLDING AG's shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

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emitter: 3U HOLDING AG
address: Frauenbergstraße 31-33, 35039 Marburg
country: Germany
contact person: Dr. Joachim Fleing
phone: +49 6421 999-1200
e-mail: IR@3U.net
website: www.3u.net

ISIN(s): DE0005167902 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf; open market in Berlin, Tradegate

[ source: http://www.pressetext.com/news/20190409006 ]