Tele Columbus-owned German cable operator Pepcom has upgraded the cable network in the town of Lübben in Brandenburg.
Pepcom has installed a new headend and new fibre network in the town, bringing high-speed connectivity to 3,000 additional homes.
The new network brings speeds of up to 400Mbps to Lübben residents, with speeds of up to 1Gbps possible via the HFC network. Tele Columbus said that the network is upgradeable at a later date to fibre-to-the home if this is required.
The operator carried out the upgrade in partnership with housing groups Lübbener Wohnungsbaugesellschaft and Genossenschaft Wohngemeinschaft Lübben. In addition to upgrading the network, the operator has created three public WiFi hotspots for tenants as well as WLAN hotspots at the town market and railway station.
Separately, Tele Columbus has adjusted the terms of part of its debt. The company said that the adjustments to its Term Loan B would provide annual interest savings of about €3.5 million,
Tele Columbus will use an additional €50 million in debt to pay capex costs. This will be consolidated into the existing Term Loan B line of credit, which will now total €1.305 billion.
23 September 2020 @ 11:32:54 UTC