Freenet AG

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Freenet AG
Aktiengesellschaft
Traded as FWBFNTN
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[edit]

References[edit]

  1. ^ Shaefer, Joseph. "Invest In Europe? No. In European Companies? You Bet!", Investing, 28 June 2015. Accessed 3 July 2015.
  2. ^ "Freenet stock soars in Germany on takeover interest". The New York Times. 24 September 2007. Retrieved 22 August 2010. 
  3. ^ Freenet completes takeover of Debitel
  4. ^ Sheahan, Maria (26 May 2009). "United Internet buys Freenet's DSL business". Reuters. Retrieved 22 August 2010.