DGAP-News: telegate AG's data cost reclamation claim against Deutsche Telekom AG: Pronouncement of a judgment on the action of EUR 52.04 m is postponed from May 18, 2011 to June 8, 2011
(firmenpresse) - DGAP-News: telegate AG / Key word(s): Legal Matter/Legal Matter
telegate AG's data cost reclamation claim against Deutsche Telekom AG:
Pronouncement of a judgment on the action of EUR 52.04 m is postponed
from May 18, 2011 to June 8, 2011
12.05.2011 / 14:19
---------------------------------------------------------------------
Planegg-Martinsried near Munich, May 12, 2011 - The Higher Regional
Court(OLG) Duesseldorf informed telegate AG that the pronouncement of a
judgment on the action against Deutsche Telekom AG for repayment of data
costs is postponed from May 18, 2011 to June 08, 2011 due to organizational
reasons. telegate AG claims repayment of excessive costs
for the provision of subscriber data in the amount of EUR 52.04 m plus
interest from the years 1997 to 2000 in this proceedings.
On April 13, 2011 the first judgments were pronounced in a long-standing
legal dispute of telegate AG as well as its subsidiaries datagate GmbH and
telegate MEDIA AG against Deutsche Telekom AG concerning improperly
excessive costs of provision of subscriber data. In this case, the Higher
Regional Court (OLG) Duesseldorf ordered Deutsche Telekom AG in two actions
of datagate GmbH (Court's reference number VI U 1/11) and telegate MEDIA AG
(Court's reference number VI U 6/11) to repay EUR 33.63 m. In addition to
the repayment of data costs, interest payable as from commencement of
proceedings has to be added in the amount of EUR approx. 11.5 m. The right
to appeal was not granted by the OLG. The judgments are not final yet.
About telegate AG:
telegate AG is a multichannel-provider of local search. The company
extended the classic business sector telephone directory assistance with
information offers on the Internet financed by advertising and additional
digital Media. The company supplies the users in Germany with high-quality
information via the Internet portals 11880.com and klicktel.de, the
telephone directory assistance 11880, the klickTel software as well as via
local search applications for mobile devices. According to the GFK, 11 88 0
is the most known telephone number in Germany with an unaided brand
awareness of approximately 54 percent as well as the leading alternative
provider of telephone directory assistance on the German market with a
market share of approximately 40 percent.
The company as a marketing partner offers tailored advertising consulting
and concepts for all modern directory assistance media. Small and
medium-sized businesses receive a modern 'One-Stop-Advertising'-offer via
the distribution brand 'telegate MEDIA': trade advertising in telegate's
five directory assistance channels combined with marketing via partners
with a great coverage, e.g. Vodafone and Nokia. In addition to Germany,
telegate is today established in Austria and Spain. The company was
launched in 1996 and has been successfully listed on the Frankfurter Boerse
(Frankfurt stock exchange) since 1999 (ISIN: DE0005118806). The telegate
group with approx. 2,000 employees generated total revenues in the amount
of approx. EUR 124.6 m and an annual group results before depreciation and
amortization, interest and tax (EBITDA) before non-recurring items in the
amount of EUR 23.2 m in the annual year 2010.
Contact:
Jörg Kiveris
telegate AG
Head of Public Relations Department
Fraunhofer Str. 12a
82152 Planegg-Martinsried
Tel.: 089/ 8954-1188
Fax: 089/ 8954-1189
E-Mail: presse(at)telegate.com
End of Corporate News
---------------------------------------------------------------------
12.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: telegate AG
Fraunhofer Str. 12a
82152 Planegg-Martinsried
Deutschland
Phone: +49 089 - 89 54 0
Fax: +49 089 - 89 54 10 10
E-mail: info(at)telegate.de
Internet: www.telegate.com
ISIN: DE0005118806
WKN: 511880
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
124386 12.05.2011
Datum: 12.05.2011 - 14:19 Uhr
Sprache: Deutsch
News-ID 34077
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 233 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: telegate AG's data cost reclamation claim against Deutsche Telekom AG: Pronouncement of a judgment on the action of EUR 52.04 m is postponed from May 18, 2011 to June 8, 2011"
steht unter der journalistisch-redaktionellen Verantwortung von
telegate AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
