TELES Aktiengesellschaft: Sale of the telecommunications segment (TELES Carrier Solutions)

Berlin (pta062/29.09.2023/19:00) - TELES AG (ISIN DE000A289B07 / WKN A289B0) is selling the telecommunications segment (TELES Carrier Solutions) and is pushing ahead with the growth area of ​​pharmaceuticals.

Today, TELES AG sold the telecommunications segment (TELES Carrier Solutions) to the Austrian Communi5 Technologies GmbH, Vienna. Communi5 will take over the Softswitch product line and qualified personnel.

TELES is a specialized pharmaceutical supplier that ensures optimal pharmaceutical care for patients with a digitalized supply chain.

The need for indication-specific drugs is increasing across Europe and TELES is benefiting from this growth. The European pharmaceutical market is a stable growth market and TELES supplies German medications with a high export share. TELES is one of the largest specialty pharmacy companies in Germany.

(Ende)