1&1 AG
ISIN: DE0005545503
WKN: 554550
23 August 2024 04:55PM

EQS-News: Final contract signed: Vodafone and 1&1 kick off National Roaming Partnership

1&1 AG · ISIN: DE0005545503 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1974121

EQS-News: 1&1 AG / Key word(s): Strategic Company Decision
Final contract signed: Vodafone and 1&1 kick off National Roaming Partnership

23.08.2024 / 16:55 CET/CEST
The issuer is solely responsible for the content of this announcement.


Final contract signed:

Vodafone and 1&1 kick off National Roaming Partnership
 

Montabaur, Düsseldorf. 23 August 2024. Vodafone and 1&1 have officially launched their national roaming partnership in mobile communications today. After reaching a preliminary agreement last year, both network operators have now signed the final contract, setting the stage for collaboration starting this summer. Beginning next Thursday (August 29, 2024), new 1&1 customers will be able to access Vodafone’s mobile network alongside 1&1’s own network with their smartphones.

As Germany’s fourth mobile network operator, 1&1 is currently developing its infrastructure. In areas where the new 1&1 5G network does not yet have full coverage, customers have so far been connected via Telefónica antennas. That’s about to change: under an exclusive partnership with Vodafone, 1&1 will now source all national roaming services from Vodafone. Over the past few years, Vodafone has continuously strengthened its mobile network. The Düsseldorf-based company has unlocked additional capacity and expanded 5G coverage significantly.

From August 29, 2024, Vodafone’s network will be available to new 1&1 customers in areas where 1&1’s own coverage is still being developed. The transition between networks will happen seamlessly and automatically, ensuring a smooth experience for mobile users.

Existing 1&1 customers will also gain access to the combined 1&1 5G network and Vodafone national roaming in the near future. Thus, 1&1 will gradually transition the mobile plans of its 12 million-plus customers by autumn 2025.

“We get started: We’re about to embark on Germany’s largest mobile migration. This partnership will enable us to optimally utilise our networks and further expand their reach for our customers, while helping us grow sustainably in the coming years,” said Vodafone Germany CEO Marcel de Groot.

“We’re confident that our customers will benefit from this partnership. Vodafone has invested in network quality in recent years, delivering very good results, especially in expanding 5G coverage nationwide. At the same time, our primary focus remains on rapidly expanding the 1&1 mobile network, rolling out our innovative OpenRAN technology to more and more regions,” said Ralph Dommermuth, CEO of 1&1 AG.

The partnership between Vodafone and 1&1 is designed for the long term and includes mechanisms to protect both companies against rising costs and increasing data demands. Vodafone and 1&1 have a history of collaboration, having previously worked together under their MVNO (Mobile Virtual Network Operator) agreement. Vodafone is convinced that the partnership will also benefit its own customers - through better utilization of the Vodafone mobile network, which will enable greater investment in the network.

 

About 1&1 AG

1&1 AG is a listed telecommunications provider domiciled in Montabaur. The Company is a member of the United Internet AG corporate group.

1&1 is the first network operator in Europe to operate a fully virtualised mobile network based on innovative Open RAN technology. In addition to a comprehensive mobile communications portfolio, broadband connections are offered which are mostly based on 1&1 Versatel's Germany-wide fibre-optic transport network and on regional networks of city carriers and Deutsche Telekom.

While the 1&1 brand addresses value and premium segments, the Group's discount brands appeal to price-conscious target groups.

 

Press Contact
Thomas Kahmann
Mail: presse@1und1.de



23.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: 1&1 AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0) 6181 - 412 218
Fax: +49 (0) 6181 - 412 183
E-mail: ir@1und1.de
Internet: www.1und1.AG
ISIN: DE0005545503
WKN: 554550
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1974121

 
End of News EQS News Service

1974121  23.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1974121&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 3.662,46 3.674,85 3.786,79 3.909,66 3.963,69 4.096,70 0,00
EBITDA1,2 721,90 683,50 468,48 711,26 693,30 653,85 690,00
EBITDA-Margin3 19,71 18,60 12,37 18,19 17,49 15,96 0,00
EBIT1,4 567,23 528,49 313,08 546,71 534,89 455,82 0,00
EBIT-Margin5 15,49 14,38 8,27 13,98 13,50 11,13 0,00
Net Profit (Loss)1 406,03 373,62 219,59 370,02 367,33 314,95 0,00
Net-Margin6 11,09 10,17 5,80 9,46 9,27 7,69 0,00
Cashflow1,7 547,96 510,54 511,26 523,83 531,02 488,75 0,00
Earnings per share8 2,30 2,12 1,24 2,10 2,08 1,78 1,67
Dividend per share8 0,05 0,05 0,05 0,05 0,05 0,05 0,05
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: PricewaterhouseCoopers

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
1&1
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
554550 DE0005545503 AG 2.000,98 Mio € 22.04.1998 Halten 9F29CRP6+2H
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
6,51 17,42 0,37 6,70 0,34 4,09 0,49
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,05 0,05 0,05 0,44%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
14.05.2025 12.05.2025 07.08.2025 12.11.2024 27.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,53%
11,32 €
ATH 72,35 €
-11,24% -23,11% -37,60% -37,60% -19,49%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2024          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2024 by Gereon Kruse #BGFL