Freenet AG

Freenet AG (formerly freenet.de AG) is a German telecommunications and web content provider. The company was formerly a subsidiary of Mobilcom. 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.[1] In July 2008 Freenet AG acquired debitel AG, another German telecommunications company.[2]

Freenet AG
TypeAktiengesellschaft
FWB: FNTN
IndustryTelecommunications
Founded2007 (2007)
Headquarters,
Germany
Key people
Christoph Vilanek (CEO and chairman of the executive board), Helmut Thoma (Chairman of the supervisory board)
ProductsMobile telecommunications, web content
Revenue€3.362 billion (2016)
Number of employees
4,886 (end 2016)
Websitewww.freenet.ag

The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet for €123 million in 2009.[3] 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 July 13, and the company has additionally been renamed freenet DLS.[4]

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. 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.


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