Debitel

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The correct title of this article is debitel. The initial letter is shown capitalized due to technical restrictions.

debitel AG, is one of the largest mobile services provider in Europe, offering a wide range of telecommunication products – mobile and fixed-line telephony as well internet services. In Germany, debitel’s largest market, the business has a 47% market share of the mobile service provider market and 12.4% of the overall mobile telephone market as of 2004. The company has over 10.2 million customers of which 8.3 million are resident in Germany. It also has subsidiaries in The Netherlands, Denmark, France and Slovenia and achieved revenues of around €3.0 billion in 2003.

In June 2004, the Permira Funds acquired Swisscom’s 95% stake in debitel.

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