freenet AG
Capital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Robin John Andes Harries
- Full Time Employees
- 2,985
- Sector
- Communications
- Industry
- Specialty telecommunications
- Address
- Hollerstrasse 126 Budelsdorf SH Germany 24782
- IPO Date
- Sep 28, 2009
- Website
- freenet-group.de
- Similar Companies
- Business
- freenet AG is a leading German digital lifestyle provider specializing in telecommunications, mobile internet, TV entertainment, and related services. Founded in 1996 and headquartered in Büdelsdorf, Schleswig-Holstein, the company operates primarily in Germany through an extensive multichannel distribution network, including around 500 own stores, online platforms, and partnerships with retailers; it serves both B2C and B2B customers with a diverse brand portfolio encompassing mobile voice and data services via brands such as klarmobil.de, freenetmobile.de, Dr.SIM, freenet FLEX, and freenet FUNK offering no-frills tariffs, app-based flexible plans, and contracts in Telekom, Vodafone, and Deutsche Telekom D networks; TV and media solutions including freenet TV for antenna-based Full HD channels, waipu.tv with over 192 channels and on-demand content, and freenet Video's flat-rate video library; internet services via freenet.de portal, Mail&Cloud, and B2B fleet management platform carmada.de; digital accessories through freenet Basics; energy products marketed by freenet Energy GmbH in partnership with 30 suppliers; business communications via freenet Business; broadcasting services by subsidiary Media Broadcast GmbH; and performance marketing through vitrado.de. In recent developments, freenet AG signed an agreement in October 2025 to acquire mobilezone Deutschland GmbH for approximately EUR 230 million, integrating brands like sparhandy.de, Deinhandy, Handystar, and HIGH which generated nearly EUR 780 million in revenue and EUR 30 million EBITDA in 2024, with the transaction expected to close in Q4 2025 pending antitrust approvals to bolster its mobile market position and customer base of over one million annual contracts; concurrently, it extended its exclusive five-year partnership with MediaMarktSaturn Deutschland for distributing freenet tariffs, network operator products, and proprietary mobile services across all stores and online channels, enhancing strategic sales power from 2026 onward.
Company News
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