TNG Stadtnetz GmbH
High-speed internet for your home: TNG Stadtnetz GmbH, based in Kiel, is driving the expansion of the fibre-optic network in Germany. The digital transformation is supported by the payment transaction experts at Hamburg Commercial Bank.
Promoting digital progress by expanding fibre-optic networks
TNG Stadtnetz GmbH, founded as the start-up ‘TNG – The Net Generation’ in 1996, has been offering expertise in the field of telecommunications for almost three decades. Since 2013, TNG has focused primarily on expanding the fibre-optic network in rural and suburban areas. The company initially started in Schleswig-Holstein and is now continuing to push ahead with expansion in Hesse, Lower Saxony and Baden-Württemberg. According to the German Broadband Association (Breko), the telecommunications expert is now one of the top 20 fibre-optic players in network expansion in Germany and already supplies over 60,000 households with ultra-fast fibre optics.
TNG’s major advantage lies primarily in the speed and reliability that come from expanding its own fibre-optic cable network. From planning and network expansion to operating the networks, everything is done entirely in-house. With so-called Fibre-to-the-Home, a fibre-optic line is laid all the way to the customer’s home. This transmits data more stably and, above all, significantly faster than is possible with copper or coaxial cables. In Germany, the demand for fibre optic lines is still very high compared to its European neighbours. There is enormous growth potential for companies here, especially in rural areas.
Fast and efficient processes in dynamic payment transactions
With the increasing number of households that are supplied by fibre optic, the complexity of payment flows is also increasing. TNG Stadtnetz GmbH relies on Hamburg Commercial Bank for cash management for three reasons: ‘reliable’, ‘efficient’ and ‘secure’. These are unbeatable advantages when processing SEPA payments and setting up electronic signatories. ‘We greatly appreciate this reliable partnership,’ says Sabine Domes, Managing Director of TNG Stadtnetz GmbH. It is also important that account opening processes are quick and straightforward. Personal points of contact, who are available to provide expert advice, and digital solutions such as the HCOB Banking App, are available to support customers in this regard.
Hamburg Commercial Bank offers a high degree of flexibility and customised solutions. To do this, it not only has the necessary market experience, but also the latest data technology.
Sabine Domes, Managing Director of TNG Stadtnetz GmbH
The future of payment transactions
With the help of smart and streamlined solutions, payment flows can now be managed far more effectively and efficiently than ever before. This significantly reduces the burden companies face in their own processes. It also saves them time and money and frees up resources for the most important activity: staying on top of the market and working on behalf of their customers. We are a leader in innovative, digital cash management solutions.
Stefanie Buhtz
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Technology and industry expertise
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