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Ziggo : Ziggo to acquire Esprit Telecom expanding its business services to the SME market



Ziggo : Ziggo to acquire Esprit Telecom expanding its business services to the
                                  SME market

Ziggo to acquire Esprit Telecom expanding its business services to the SME
market

                                       

Ziggo is further expanding its services for the business market through the
acquisition of Esprit Telecom, a leading provider of voice and data services
for the SME market in the Netherlands. The company has an active sales channel
of dealers across the country. The acquisition includes Zoranet, an ICT
service provider that focuses on the retail sector.

Esprit Telecom is part of the Detron ICT & Telecom Group and will continue to
operate independently, under its own name, for the foreseeable future. The
acquisition is subject to approval by the Dutch Competition Authority (NMa).
In 2012, Esprit Telecom generated revenues of €37 million. The acquisition is
valued at €18 million.

Hendrik de Groot, Ziggo's Business-to-Business Managing Director, said: "Our
focus is on the small business market, where we provide all-in-one business
solutions based on broadband Internet, telephony, TV and increasingly cloud
services. Over the past two years we have successfully grown our small
business customer base by more than 30,000 customers. We experience increasing
demand from the SME market for our products and services. The acquisition of
Esprit Telecom, which has a loyal customer base and operates nationwide, will
enable us to accelerate our services provision to the SME market. Together
with Esprit Telecom, we will invest in new cloud based business services,
including a new portfolio telephony services, designed for both small
businesses and the SME market. We also see interesting synergy opportunities,
including upgrade to our next generation broadband network, enabling SMEs to
be securely connected to the cloud."

About Ziggo
Ziggo is a Dutch provider of entertainment, information and
communication through television, Internet and telephony
services. The company serves around 2.9 million households, with
almost 1.8 million Internet customers, more than 2.2 million
customers for digital television and 1.5 million telephony
subscribers. Business-to-business customers use services such as
data communication, telephony, television and Internet. The company
owns a next-generation network capable of providing the
bandwidth required for all future services currently foreseen. More
information on Ziggo can be found on: www.ziggo.com
About Esprit Telecom
Esprit Telecom was founded in 1993, and provides voice and data
services to the SME market in the Netherlands. The company has 5,000
clients and an extensive sales channel of 150 resellers and account
managers. It is located in Almere, and has 75 employees. Zoranet
became a part of Esprit Telecom in 2011. It is a business IT service
provider that focuses on the retail sector, with sales driven through
resellers and account managers. Located in Zwolle, the company has 23
employees.
Not for publication                      Analysts and Investors
                                         Wouter van de Putte
For more information please contact:     Director Corporate Finance & Investor
                                         Relations
Media                                    +31 (0)88 717 1799 |
Erik van Doeselaar                       investorrelations@office.ziggo.nl
Sr. Media Relations Officer
+31 (0)88 717 4134 |                     Christian Berghout
erik.vandoeselaar@office.ziggo.nl        Manager Corporate Finance & Investor
                                         Relations
Esprit Telecom:                          +31 (0)88 717 1051|
Karl Heinz van der Made                  investorrelations@office.ziggo.nl
Director
+31 (0)6 13001500 |
karlheinz.van.der.made@detron.nl
                                                                       

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Ziggo via Thomson Reuters ONE
HUG#1685451
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