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Freenet AG

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German telecommunications company For other uses, see Freenet (disambiguation).
Freenet AG
Headquarters in Büdelsdorf
Company typeAktiengesellschaft
Traded asFWB: FNTN
IndustryTelecommunications
Founded2007; 17 years ago (2007)
HeadquartersBüdelsdorf, Germany
Key peopleChristoph Vilanek (CEO and chairman of the executive board), Helmut Thoma (Chairman of the supervisory board)
ProductsMobile telecommunications, web content
Revenue2,627,300,000 Euro (2023) Edit this on Wikidata
Operating income246,100,000 Euro (2023) Edit this on Wikidata
Net income154,600,000 Euro (2023) Edit this on Wikidata
Total assets3,414,900,000 Euro (2023) Edit this on Wikidata
Number of employees3,686 (2023) Edit this on Wikidata
Websitewww.freenet.ag Edit this at Wikidata

Freenet AG (formerly freenet.de AG) is a German telecommunications and web content provider. The company was formerly a subsidiary of Mobilcom [de]. In 2004, its EBITDA was 471.5 million euro. In 2007, Freenet.de merged with Mobilcom, a deal which took around two years to complete, and the resulting company changed its name to Freenet AG. In July 2008 Freenet AG acquired debitel AG, another German telecommunications company.

The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet for €123 million in 2009. At the end of February 2022, it was announced that the Mobilcom-Debitel brand would be discontinued in July of the same year in favor of freenet. The changeover will take place on 13 July and the company has additionally been renamed freenet DLS.

References

  1. "Freenet stock soars in Germany on takeover interest". The New York Times. 24 September 2007. Retrieved 22 August 2010.
  2. "Freenet completes takeover of Debitel; Permira owns almost 25 pct in Freenet". finanznachrichten.de. 6 July 2008. Retrieved 14 October 2022.
  3. Sheahan, Maria (26 May 2009). "United Internet buys Freenet's DSL business". Reuters. Archived from the original on 15 July 2012. Retrieved 22 August 2010.
  4. Kuch, Alexander (24 February 2022). "13. Juli: Aus mobilcom-debitel wird freenet". www.teltarif.de (in German). Retrieved 8 November 2022.

External links

TecDAX companies of Germany updated 11.02.2024


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