Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Xetra  >  1&1 Drillisch    DRI   DE0005545503


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

1&1 Drillisch : leases spectrum to build its own 5G network

share with twitter share with LinkedIn share with facebook
share via e-mail
12/18/2019 | 12:05pm EST

DGAP-News: 1&1 Drillisch Aktiengesellschaft / Key word(s): Miscellaneous/Miscellaneous
1&1 Drillisch leases spectrum to build its own 5G network
18.12.2019 / 18:01
The issuer is solely responsible for the content of this announcement.

1&1 Drillisch leases spectrum to build its own 5G network

Maintal, 18 December 2019. As announced at the end of the 5G auction, 1&1 Drillisch AG will lease spectrum for the installation of its own 5G mobile network at Telefónica. This involves two frequency blocks of 10 MHz each in the 2.6 GHz band. Drillisch Online GmbH, a subsidiary of 1&1 Drillisch AG, and Telefónica Germany have now signed a respective contract. The agreement is based on a self-commitment by Telefónica as part of the EU antitrust approval of the merger with E-Plus in 2014. The two frequency blocks will be available to 1&1 Drillisch until 31 December 2025. The agreement is subject to the approval of the Federal Network Agency.

At the auction of spectrum in the 2 GHz and 3.6 GHz ranges, which ended in June 2019, 1&1 Drillisch acquired a total of two frequency blocks of 10 MHz in the 2 GHz band and five frequency blocks of 10 MHz in the 3.6 GHz band. While the 3.6 GHz spectrum is already available, the frequencies in the 2 GHz band will not be operational until 1 January 2026.

Ralph Dommermuth, CEO of 1&1 Drillisch AG:
"With this agreement, we are taking a further step on the way to setting up our own 5G network. The spectrum rented from Telefónica bridges the period until our own frequency blocks in the 2 GHz range can be used."

About 1&1 Drillisch AG
1&1 Drillisch AG is a listed telecommunications provider based in Maintal. The company is part of the United Internet AG group and is the only virtual network operator in Germany to have secured long-term access to the Telefónica network via an MBA MVNO contract. 1&1 Drillisch offers its customers a comprehensive portfolio of services and products in the broadband and mobile communications sectors. In addition to pure mobile communications and DSL products, customers also receive attractive bundled products from mobile communications and fixed networks, supplemented by applications such as home networks, online storage, video-on-demand and IPTV TV. With its two wholly-owned subsidiaries 1&1 Telecommunication SE and Drillisch Online GmbH, 1&1 Drillisch has a strong marketing approach that addresses the market comprehensively and target-group specifically: While 1&1 covers the premium segment, the Group's established online brands under the umbrella of Drillisch Online GmbH such as smartmobil.de, yourfone, winSIM, DeutschlandSIM or simply appeal to a price-conscious target group.

Media contact
1&1 Drillisch AG
Tel. +49 6181 412-620
Mail: presse@1und1-drillisch.de

Oliver Keil
Head of Investor Relations
Mail: ir@1und1-drillisch.de

18.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: 1&1 Drillisch Aktiengesellschaft
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Phone: +49 (0) 6181 - 412 218
Fax: +49 (0) 6181 - 412 183
E-mail: ir@1und1-drillisch.de
Internet: www.1und1-drillisch.de
ISIN: DE0005545503
WKN: 554550
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 939425

End of News DGAP News Service

939425  18.12.2019 


© EQS 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on 1&1 DRILLISCH
01/21Merkel ally sees growing German support for tough Huawei stance
01/20Merkel seeks to delay German Huawei position until after March EU summit - so..
20191&1 DRILLISCH : exercises first prolongation option under the MBA MVNO agreement
20191&1 DRILLISCH AKTIENGESELLSCHAFT : Final expert determination received in the fi..
20191&1 DRILLISCH : leases spectrum to build its own 5G network
20191&1 DRILLISCH AKTIENGESELLSCHAFT : On a Course of Growth in the First Nine Month..
2019Network Operators Collaborate to Expand Coverage in Germany
20191&1 DRILLISCH AKTIENGESELLSCHAFT : Preliminary announcement of the publication o..
2019Luxury stocks drive fifth day of gains in Europe
20191&1 DRILLISCH AKTIENGESELLSCHAFT : Following receipt of the draft expert determi..
More news
Financials (EUR)
Sales 2019 3 716 M
EBIT 2019 534 M
Net income 2019 357 M
Finance 2019 124 M
Yield 2019 0,21%
P/E ratio 2019 11,5x
P/E ratio 2020 11,3x
EV / Sales2019 1,08x
EV / Sales2020 1,05x
Capitalization 4 128 M
Duration : Period :
1&1 Drillisch Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends 1&1 DRILLISCH
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 33,03  €
Last Close Price 23,42  €
Spread / Highest target 109%
Spread / Average Target 41,0%
Spread / Lowest Target -18,9%
EPS Revisions
Ralph Dommermuth Chief Executive Officer
Claudia Borgas-Herold Member-Supervisory Board
Vlasios Choulidis Member-Supervisory Board
Norbert Lang Member-Supervisory Board
André Driesen Member-Management Board
Sector and Competitors
1st jan.Capitalization (M$)
1&1 DRILLISCH2.36%4 455
SOFTBANK CORP--.--%62 874
SAFARICOM PLC--.--%11 857
TELE2 AB (PUBL)10.20%10 783