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qsc ag-unsp adr (QSCYY) Details

QSC AG provides information technology and telecommunications (ICT) services to medium-sized enterprises in Germany. It offers site networking and outsourcing solutions, as well as data center services, such as housing and hosting; and operates as a consulting partner for SAP and Microsoft solutions. The company also provides Internet connections, direct connections to the QSC voice network, and voice over IP products, as well as cloud services, such as virtual telephone system and a modular design system for utilizing its data centers for regional service providers, sales partners, and distributors. In addition, it offers voice services comprising call-by-call offerings and unbundled DSL lines to ICT services providers, such as telecommunication carriers, cable network operators, and Internet service providers. Further, the company provides managed outsourcing services, including the integration of the narrowband voice networks of alternative providers into its next generation networks. QSC AG was founded in 1997 and is headquartered in Cologne, Germany.

1,697 Employees
Last Reported Date: 03/31/15
Founded in 1997

qsc ag-unsp adr (QSCYY) Top Compensated Officers

Chief Executive Officer and Member of Managem...
Total Annual Compensation: €300.0K
Co-Founder, Chairman of Supervisory Board, Ch...
Total Annual Compensation: --
Chief Sales Officer and Member of Management ...
Total Annual Compensation: €200.0K
Compensation as of Fiscal Year 2014.

qsc ag-unsp adr (QSCYY) Key Developments

QSC AG Announces Executive Appointments

QSC AG will be reorganizing and extending its Management Board team in line with its strategy of becoming the leading cloud service provider to medium-sized enterprises in Germany. The supervisory board of the company has decided to appoint Udo Faulhaber and Felix Höger to the Management Board. Udo Faulhaber, currently responsible for sales and marketing on the Management Board of Pironet NDH AG, will become Chief Sales Officer at the company from 1 August 2015. In this role, he will focus the company’s sales and marketing in particular on addressing medium-sized enterprises and actively press ahead with marketing new multi-cloud services. As Chief Sales Officer of the company, Udo Faulhaber will succeed Henning Reinecke, who will retain responsibility for this area until 30 April 2015. Until Felix Höger joins the company, Udo Faulhaber will also be responsible for his areas of activity on the Management Board. Felix Höger, CEO at the publicly listed company Pironet NDH AG until 31 December 2014, will join the Management Board of the company with responsibility for technology and operations from 1 January 2016. Höger already founded the service provider NDH during his training in 1995.

QSC AG No Longer Selling Its DSL Network

QSC AG (XTRA:QSC) will not be selling its DSL network. QSC AG took this decision based on two factors: rise of new opportunities and importance of ensuring direct access to the entire infrastructure in terms of positioning QSC AG as a leading cloud provider to medium-sized companies in Germany.

Süwag Energie AG Selects QSC AG for IT Outsourcing Services Contract

Süwag Energie AG has agreed an IT outsourcing services contract with QSC AG. The contract has a volume of around EUR 40 million and a 72-month term. Within this project, Süwag Energie AG will relocate its entire IT infrastructure to a data centre of QSC AG in Frankfurt and then gradually transfer responsibility for its IT services to QSC. QSC and Süwag aim to forge a long-term strategic partnership and have therefore agreed a contractual term of six years. The project's overriding aim is to sustainably reduce IT costs while maintaining consistently high IT service quality and ensuring compliance with the utmost security standards. The collaboration will be based on jointly agreed service level agreements setting out all the facts required to measure IT service quality in line with market standards. Alongside RWE, a total of 16 towns, local authorities and municipal associations on the Rhine, Main, Lahn and Neckar rivers hold interests in Süwag. In its energy generation and distribution businesses, the company cooperates with 360 municipal partners and supplies electricity, natural gas and energy-related services to around 800,000 customers. Hydropower, wind, biogas and solar power are the key pillars of its proprietary electricity generation. The energy industry faces the major challenge of having to react to changes flexibly and at short notice. These changes, which largely result from regulatory and legal requirements, are difficult for companies to plan and nevertheless binding.

 

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Deutsche Telekom AG €16.98 EUR +0.28
United Internet AG €41.14 EUR -0.376
Vodafone Group PLC 232.25 GBp +1.90
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Price/Book 1.4x
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TEV/Sales NM Not Meaningful
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