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Wireless

Freenet turnover up slightly in Q1

Wednesday 4 May 2016 | 13:06 CET | News
Germany's Freenet Group reported turnover of EUR 749.2 million for the first quarter, up slightly from EUR 748.5 million a year ago. This includes for the first time Media Broadcast Group, acquired from 18 March. Compared to the previous year's quarter, the company was able to increase group EBITDA by EUR 3.1 million to EUR 89.1 million. Net profit fell to EUR 51.3 million from EUR 56.2 million a year ago. Customers at Freenet increased by over 3 percent year-on-year and by around 70,000 compared to the end of 2015 to 9.37 million customers at the end of March. 

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Categories: Mobile & Wireless
Companies: Debitel / Freenet / Media Broadcast / MobilCom-Debitel
Countries: Germany
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