Freenet AG

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Freenet AG
Aktiengesellschaft
Traded asFWBFNTN
IndustryTelecommunications
Founded2007
Headquarters,
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-group.de

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.[1] In July 2008 Freenet AG acquired debitel AG, another German telecommunications company.[2]

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]

References[edit]

  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
  3. ^ Sheahan, Maria (26 May 2009). "United Internet buys Freenet's DSL business". Reuters. Retrieved 22 August 2010.

External links[edit]