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Wireless

Drillisch plans move upmarket after 1&1 merger

Monday 26 June 2017 | 09:13 CET | News
German low-cost mobile provider Drillisch plans to move upmarket after its merger with United Internet's 1&1 brand, CEO Vlasios Choulidis told Reuters. "The perception that Drillisch stands for cheap deals will change," he said. "We will be at the same level with the three big operators." After the merger, the company's "products will be better and prices will rise accordingly", Choulidis said. Drillisch shareholders will meet 25 July to decide on the proposed merger. United Internet has launched a separate public bid for additional shares in the company.

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Categories: Mobile & Wireless
Companies: 1&1 / Drillisch / United Internet
Countries: Germany
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