Freenet AG

For other uses, see Freenet (disambiguation).
Freenet AG
Aktiengesellschaft
Traded as FWB: FNTN
Industry Telecommunications
Founded 2007
Headquarters Büdelsdorf, Schleswig-Holstein, Germany
Key people
 Christoph Vilanek (CEO and chairman of the executive board), Thorsten Kraemer (Chairman of the supervisory board)
Products Mobile telecommunications, web content
Revenue €3.340 billion (2010)[1]
€144.2 million (2010)[1]
Profit €112.4 million (2010)[1]
Total assets €2.542 billion (end 2010)[1]
Total equity €1.134 billion (end 2010)[1]
Number of employees
 3,970 (end 2010)[1]
Website www.freenet.ag

Freenet AG (formerly freenet.de AG) is one of the largest independent German telecommunications and web content providers.[2] The company was formerly a subsidiary of Mobilcom. In 2004, its EBITDA was 471.5 million euro. In 2007, Freenet.de merged with Mobilcom, a deal which took around two years to complete, and the resulting company changed its name to Freenet AG.[3] In July 2008 Freenet AG acquired debitel AG, another German telecommunications company.[4]

The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet for €123 million in 2009.[5]

External links

References

  1. 1 2 3 4 5 6 "Annual Report 2010" (PDF). Freenet AG. Retrieved 10 April 2011.
  2. ↑ Shaefer, Joseph. "Invest In Europe? No. In European Companies? You Bet!", Investing, 28 June 2015. Accessed 3 July 2015.
  3. ↑ "Freenet stock soars in Germany on takeover interest". The New York Times. 24 September 2007. Retrieved 22 August 2010.
  4. ↑ Freenet completes takeover of Debitel
  5. ↑ Sheahan, Maria (26 May 2009). "United Internet buys Freenet's DSL business". Reuters. Retrieved 22 August 2010.


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