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1&1 Drillisch cuts EBITDA forecast on Telefonica network prices, considers damages claim

Monday 21 September 2020 | 10:36 CET | News
Germany's 1&1 Drillisch has revised its EBITDA forecast for 2020 downwards to approximately EUR 600 million from a previous outlook of a flat result of EUR 683.5 million, due to a price increase under its wholesale MVNO agreement with Telefonica. Prices for voice and data services under the network access contract will increase from July and for the following years, according to 1&1 Drillisch. The company said it's considering taking legal action against Telefonica, as the latter is applying the price increase without adhering to the terms of their agreement. Telefonica denied the

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Categories: Mobile & Wireless
Companies: 1&1 Drillisch / E-Plus / European Commission / Telefonica Germany
Countries: Germany
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