Telegate Explained

Telegate
Type:Aktiengesellschaft (Xetra: TGT)
Foundation:1996 in Munich, Germany
Location:Martinsried, Germany
Key People:Andreas Albath, CEO
Industry:Telecommunications
Products:Directory assistance
Homepage:www.telegate.com

Telegate is a communications company based in Martinsried, Germany, providing directory assistance services to callers in Germany, Spain, and Italy. Telegate was founded in August 1996 and began offering services in its home country Germany in December of the same year, initially through the number 01199, and later through the number 11880. The company is publicly held, listed on the Neuer Markt of the Frankfurt Stock Exchange beginning on April 22, 1999.[1]

Besides providing services in Germany, Italy and Spain, Telegate was formerly a provider of directory assistance service in the United Kingdom and the United States. Telegate's UK operation was sold to Croftacre Holdings Ltd in September 2004,[2] [3] originally named 118866 Ltd. and later operating as RingTrue Solutions before winding-up in 2008.[4] Telegate entered the US market in 2000 through its purchase of CFW Information Services, formerly a subsidiary of CFW Communications. Telegate closed the former CFW call centers in 2001[5] [6] and 2002,[7] [8] before withdrawing from the US market entirely.[9]

Since August 2016, the company is called 11880 Solutions. Meanwhile, it no longer operates in international markets, but only in Germany.

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Notes and References

  1. News: Telegate Debuts on Neuer Markt Today . https://web.archive.org/web/20160410062403/https://www.highbeam.com/doc/1G1-54449404.html . dead . 2016-04-10 . . 1999-04-22 . 2012-10-27.
  2. Web site: Acquisitions and Disposals. Seat Pagine Gialle. 4 October 2011. https://web.archive.org/web/20120405234004/http://www.seat.it/seat/en/investor/acquisitions_disposals/. live. 2012-04-05.
  3. telegate announces sale of UK-subsidiary 11 88 66 Ltd . Telegate AG . 2004-09-30 . 2011-10-04 . https://archive.today/20240525124546/https://www.webcitation.org/62Bnpkdif?url=http://irpages.equitystory.com/cgi-bin/telegate/show.ssp%3Ffn=showNewsStory&language=English&allNewsLink=1&newsID=19589 . dead . 2024-05-25 .
  4. News: Notice: 1009679 (Issue: 59294). 4 October 2011. The London Gazette. 2009-12-31. 22611. https://web.archive.org/web/20160413204626/http://www.london-gazette.co.uk/issues/59294/notices/1009679 . dead. 2016-04-13.
  5. News: 60 Jobs Coming Thanks To Call Center . Andrew . Kantor . https://archive.today/20130125213652/http://www.highbeam.com/doc/1P2-12748883.html . dead . 2013-01-25 . . 2012-10-27.
  6. News: Loyal Clifton Forge Resident Campaigning For Town . Joe . Kennedy . https://archive.today/20130125192039/http://www.highbeam.com/doc/1P2-12678979.html . dead . 2013-01-25 . . 2003-12-01.
  7. News: Drew . Houff . Telegate USA Now Will Close Winchester Office in June . . May 7, 2002 . 2007-06-17 . https://web.archive.org/web/20070531194310/http://www.winchesterstar.com/TheWinchesterStar/020507/Business_telegate.asp . 2007-05-31.
  8. News: Telegate Disconnects . Quad - State Business Journal . https://web.archive.org/web/20160414052919/https://www.highbeam.com/doc/1P3-128702911.html . dead . 2016-04-14 . 2002-06-01 . 2012-10-27.
  9. http://www.telegate.com/en/21_History_ENG_HTML.htm Telegate corporate history