0
General

Drillisch shareholders approve United Internet takeover

Tuesday 25 July 2017 | 15:32 CET | News
Shareholders of German operator Drillisch have approved United Internet taking a controlling stake in the group. Almost 98 percent of shares represented at the extraordinary meeting approved the capital increase that will give United Internet over 73 percent of the Drillisch's shares. This will see Drillisch's mobile business merged with United Internet's subsidiary 1&1. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: 1&1 / Drillisch / United Internet
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

1&1 Drillisch to start share buyback

Published 23 Oct 2018 08:40 CET | Germany
German operator 1&1 Drillisch announced plans to spend about EUR 80 million buying back its own shares. Under the programme, the ...

1&1 Drillisch revenues rise 16.4% pro forma to EUR 904 mln, adds 270,000 customers in Q1

Published 09 May 2018 11:11 CET | Germany
Germany's 1&1 Drillisch reported revenues of EUR 904.3 million in the first quarter, a 44.9 percent increase from  EUR 624.2 ...

1&1 Drillisch sees FY revenues, customer base grow following merger

Published 22 Mar 2018 12:09 CET | Germany
Germany's 1&1 Drillisch reported revenue growth of 15.7 percent in 2017 to EUR 2.81 billion, up from EUR 2.43 billion in 2016, in ...

Drillisch votes to rename itself 1&1 Drillisch

Published 15 Jan 2018 10:43 CET | Germany
Shareholders of Germany's Drillisch have adopted at an extraordinary general meeting a resolution to change the company's name to ...

Drillisch extends appointment of board member Driesen

Published 15 Dec 2017 14:10 CET | Germany
German operator Drillisch's supervisory board announced that it is extending the appointment of management board member Andre ...

Drillisch announces changes to supervisory, management boards

Published 23 Nov 2017 11:51 CET | Germany
German operator Drillisch has announced several changes to the composition of its supervisory and management boards. The company ...

United Internet sees sales, EBITDA rise in Q3 after acquisitions

Published 14 Nov 2017 12:22 CET | Germany
Germany's United Internet posted improvements in third-quarter results, driven by recent acquisitions. Sales increased 11.3 ...

Drillisch confirms management changes after 1&1 takeover

Published 02 Oct 2017 10:26 CET | Germany
German telecoms services provider Drillisch confirmed that Management Board Spokesperson, Vlasios Choulidis, has resigned from ...

Drillisch completes takeover of 1&1

Published 11 Sep 2017 08:53 CET | Germany
German operator Drillisch announced the completion of its acquisition of 1&1 from United Internet. The acquisition was approved ...

Drillisch service revenue grows 14% in Q2, adds 156,000 customers

Published 10 Aug 2017 09:30 CET | Germany
The company ended the quarter with 3.771 million mobile customers, an increase of 156,000 from March. The budget subscribers grew ...

United Internet bid gets 1.78% of Drillisch shares

Published 17 Jul 2017 17:33 CET | Germany
As part of the step-by-step acquisition of 1&1 Telecommunication SE by Drillisch AG under the umbrella of United Internet AG, ...

Drillisch plans move upmarket after 1&1 merger

Published 26 Jun 2017 09:13 CET | Germany
German low-cost mobile provider Drillisch plans to move upmarket after its merger with United Internet's 1&1 brand, CEO Vlasios ...

German regulator clears Drillisch, 1&1 tie-up

Published 09 Jun 2017 11:30 CET | Germany
The German competition regulator has approved United Internet's proposed takeover of Drillisch with no restrictions. The ...

Drillisch board neutral on United Internet takeover bid

Published 08 Jun 2017 10:11 CET | Germany
German operator Drillisch's management and supervisory boards has refrained from issuing a recommendation to shareholders on how ...

United Internet starts public bid for Drillisch shares

Published 26 May 2017 11:23 CET | Germany
United Internet has launched its public offer for Drillisch, as first announced in early May. The company already acquired just ...

United Internet buys Drillisch to combine with 1&1

Published 12 May 2017 08:53 CET | Germany
German MVNO Drillisch and Germany-based internet services provider United Internet unveiled a plan to merge United Internet's ...





Calendar   /   Industry Events

23 Feb RSA Conference
25 Feb Infinera Q4 2019
25 Feb Iridium Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Orbcomm Q4 2019
26 Feb Box Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Masmovil Q4 2019
28 Feb Tecnotree FY 2019
28 Feb Freenet Q4 2019
02 Mar Boingo Wireless Q4 2019
02 Mar GTT Q4 2019
::: More Calendar Items