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Wireless

Drillisch to buy Yourfone from E-Plus

Friday 14 November 2014 | 13:59 CET | News
Drillisch said it has signed a non-binding letter of intent with the E-Plus Mobilfunk to acquire all the shares in the E-Plus budget brand Yourfone, in January 2015. The purchase price amounts to a medium-sized to high double-digit million euro sum, and is subject to customary adjustments. The acquisition is subject to the conclusion of a final agreement and the competent bodies' approval. The acquisition of Yourfone would give Drillisch approximately 235,000 active customers, as well as all the Yourfone registered trademarks.

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Categories: Mobile & Wireless
Companies: Drillisch / E-Plus / Yourfone
Countries: Germany
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