Freenet AG
Aktiengesellschaft | |
Traded as | FWB: FNTN |
Industry | Telecommunications |
Founded | 2007 |
Headquarters | Büdelsdorf, Schleswig-Holstein, Germany |
Key people | Christoph Vilanek (CEO and chairman of the executive board), Helmut Thoma (Chairman of the supervisory board) |
Products | Mobile telecommunications, web content |
Revenue | €3.362 billion (2016) |
Number of employees | 4,886 (end 2016) |
Website | www.freenet-group.de |
Freenet AG (formerly freenet.de AG) is one of the largest independent German telecommunications and web content providers.[1] 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.[2] In July 2008 Freenet AG acquired debitel AG, another German telecommunications company.[3]
The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet for €123 million in 2009.[4]
External links
References
- ↑ Shaefer, Joseph. "Invest In Europe? No. In European Companies? You Bet!", Investing, 28 June 2015. Accessed 3 July 2015.
- ↑ "Freenet stock soars in Germany on takeover interest". The New York Times. 24 September 2007. Retrieved 22 August 2010.
- ↑ Freenet completes takeover of Debitel
- ↑ Sheahan, Maria (26 May 2009). "United Internet buys Freenet's DSL business". Reuters. Retrieved 22 August 2010.
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