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Telekurs acquires 3C Communications International SA, Luxemburg

Zurich, 19 September 2007 – Telekurs Holding Ltd is purchasing 3C Communications International SA, which is active in the field of card payment transactions, from Tele2 Europe SA, a company belonging to the Swedish telecommunications operator Tele2. The scope of the purchase contract includes the purchase of the 3C Group with its parent company in Luxemburg along with its subsidiaries in Sweden, UK, Germany and the USA.

The 3C Group is active as a payment service provider (PSP) and offers integrated payment solutions with payment cards in the areas of hotels/restaurants, parking facilities/ticket machines and in e-commerce. Internationally active merchants and acquirers appreciate what 3C offers as an ideal solution for the cross-border handling of credit and debit card payments, and benefit from the advantages of the central processing of transaction volume. The 3C Group has many connections to solution providers, POS terminal manufacturers, DCC providers and acquirers. It processes over 50 million transactions annually and has a staff of around 40 employees. The processing provided by 3C is based on a flexible and modern EMV-compliant infrastructure.

The Telekurs Group is pursuing an international growth strategy in the business field card-based payment transactions. After taking over the cCredit® business from the c.a.r.u.s. Group, Hamburg, in February, the purchase of the 3C Group was the second acquisition made this year. “With the software product cCredit® and the range of products and services offered by 3C International, we are now able to offer a customized solution for all internationally active commercial and service enterprises,” states a pleased Felix Aeschlimann, CEO of Telekurs Card Solutions.

 
About Telekurs Group

The Telekurs Group is an internationally active service company in the fields of card-based payment transactions, electronic payment systems and international financial information services. Represented among the shareholders are all important Swiss banks and banking groups. Founded in 1930, Telekurs Group generates today about 700 million Swiss francs in annual turnover and has around 1,700 employees, 400 of which are located abroad.

To know about Telekurs Group, please take a look at www.telekurs.com.

About 3C Communications International

3C Communications International is a leading company in the field of card-based payment transactions. 3C belongs to the pan-European telecommunications operator, Tele2 AB. For over 20 years, 3C has provided high-quality, cost-efficient payment solutions in over 24 countries around the world. 3C provides innovative solutions for card payment transactions to a wide variety of industry and market segments including Hotels & Restaurants, Car Parking, Retail, Vending and E-commerce.

To know about 3C International, please take a look at www.3cint.com.

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