Freenet AG

For other uses, see Freenet (disambiguation).
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), Thorsten Kraemer (Chairman of the supervisory board)
Products Mobile telecommunications, web content
Revenue €3.340 billion (2010)[1]
€144.2 million (2010)[1]
Profit €112.4 million (2010)[1]
Total assets €2.542 billion (end 2010)[1]
Total equity €1.134 billion (end 2010)[1]
Number of employees
3,970 (end 2010)[1]
Website www.freenet.ag

Freenet AG (formerly freenet.de AG) is one of the largest independent German telecommunications and web content providers.[2] 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.[3] In July 2008 Freenet AG acquired debitel AG, another German telecommunications company.[4]

The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet for €123 million in 2009.[5]

External links

References

  1. 1 2 3 4 5 6 "Annual Report 2010" (PDF). Freenet AG. Retrieved 10 April 2011.
  2. Shaefer, Joseph. "Invest In Europe? No. In European Companies? You Bet!", Investing, 28 June 2015. Accessed 3 July 2015.
  3. "Freenet stock soars in Germany on takeover interest". The New York Times. 24 September 2007. Retrieved 22 August 2010.
  4. Freenet completes takeover of Debitel
  5. Sheahan, Maria (26 May 2009). "United Internet buys Freenet's DSL business". Reuters. Retrieved 22 August 2010.


This article is issued from Wikipedia - version of the 7/3/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.