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    1U1   DE0005545503

1&1 AG

Real-time Estimate Quote. Real-time Estimate Tradegate - 06/16 09:31:00 am
26.21 EUR   -1.54%
05:31a1&1  : Warburg Research maintains a Buy rating
06/071&1 DRILLISCH AG  : DZ Bank gives a Neutral rating
05/271&1 DRILLISCH AG : Ex-dividend day for final dividend
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Europe telecoms lobby group 'denounces' bans on Chinese vendors

10/16/2020 | 07:16am EDT
FILE PHOTO: A smartphone with the Huawei and 5G network logo is seen on a PC motherboard in this illustration

BERLIN (Reuters) - A business group representing challenger telecoms operators in Europe warned on Friday against banning Chinese equipment vendors, saying that doing so for political reasons would force up costs and delay network upgrades.

In a strongly-worded statement, the European Competitive Telecommunications Association (ECTA), said it "denounces any bans of Chinese 5G suppliers for geopolitical reasons and emphasises that such decisions can only be justified on the basis of well-established facts".

ECTA groups alternative telecoms such as Germany's 1&1 Drillisch, Iliad of France and Spain's Masmovil. China's Huawei Technologies, the global networks market leader, is also on board.

Huawei's position in Europe has come under pressure from a U.S. campaign to purge next-generation networks of kit that Washington says can be used for spying - claims that the Chinese company denies.

ECTA's statement comes after France imposed restrictions on Huawei equipment that sources familiar with the matter said amounted to a de-facto ban.

Politics also loomed large over last week's decision by Orange Belgium and Proximus to replace Huawei with Nokia as provider of radio access network gear for their shared 5G network in Belgium.

ECTA's General Director Luc Hindryckx told Reuters the statement reflected concerns of member CEOs that the adoption of a common EU approach to assessing vendor risk - known as the Toolbox - was leading more and more member countries to impose "actual or de-facto bans" on Chinese vendors.

The exclusion of Huawei and ZTE, another Chinese vendor, would leave telecoms with a choice of just three suppliers - the other global players are Nokia, Ericsson and Samsung.

"A reduction in the number of worldwide suppliers from five to three will not only impact the telecoms sector by increasing costs, negatively impacting performance, delaying the deployment of 5G networks and constraining innovation potential," ECTA said.

Industry consultant John Strand challenged that view, however, saying that Nordic operators Telenor, Telia and TDC had ripped and replaced Chinese equipment "without increasing cost".

(Reporting by Douglas Busvine; Editing by Susan Fenton)

By Douglas Busvine

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
1&1 AG 0.08% 26.62 Delayed Quote.30.23%
ERICSSON AB 0.70% 109.58 Delayed Quote.11.43%
ILIAD -1.52% 132.85 Real-time Quote.-19.75%
NOKIA OYJ -1.89% 4.3595 Delayed Quote.41.03%
ORANGE -0.30% 10.082 Real-time Quote.3.88%
ORANGE BELGIUM S.A. 0.96% 20.05 Real-time Quote.-8.90%
PROXIMUS SA 0.77% 17.695 Real-time Quote.8.33%
SAMSUNG ELECTRONICS CO., LTD. 0.50% 80900 End-of-day quote.-0.12%
TELENOR ASA 0.52% 146.05 Real-time Quote.-0.45%
TELIA COMPANY AB 1.20% 37.46 Delayed Quote.8.98%
ZTE CORPORATION -0.62% 32.25 End-of-day quote.-4.16%
All news about 1&1 AG
05:31a1&1  : Warburg Research maintains a Buy rating
06/071&1 DRILLISCH AG  : DZ Bank gives a Neutral rating
05/271&1 DRILLISCH AG : Ex-dividend day for final dividend
05/26PRESS RELEASE : 1&1 Drillisch Aktiengesellschaft: Annual General Meeting resolve..
05/261&1 DRILLISCH AKTIENGESELLSCHAFT : Annual General Meeting resolves by a large ma..
05/251&1 DRILLISCH AG  : Gets a Buy rating from Warburg Research
05/21PRESS RELEASE : 1&1 Drillisch Aktiengesellschaft: 1&1 Drillisch and Telefónica e..
05/21PRESS RELEASE : Telefónica Deutschland and 1&1 Drillisch signed National Roaming..
05/211&1 DRILLISCH AKTIENGESELLSCHAFT : 1&1 Drillisch and Telefónica enter into natio..
05/181&1 DRILLISCH AG  : Warburg Research reiterates its Buy rating
More news
Sales 2021 3 879 M 4 701 M 4 701 M
Net income 2021 358 M 435 M 435 M
Net Debt 2021 418 M 506 M 506 M
P/E ratio 2021 12,9x
Yield 2021 0,19%
Capitalization 4 604 M 5 583 M 5 580 M
EV / Sales 2021 1,29x
EV / Sales 2022 1,22x
Nbr of Employees -
Free-Float 24,5%
Chart 1&1 AG
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1&1 AG Technical Analysis Chart | MarketScreener
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Technical analysis trends 1&1 AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 28,06 €
Last Close Price 26,12 €
Spread / Highest target 72,3%
Spread / Average Target 7,44%
Spread / Lowest Target -23,4%
EPS Revisions
Managers and Directors
Ralph Dommermuth Chief Executive Officer
Markus Huhn Chief Financial Officer
Kurt Dobitsch Chairman-Supervisory Board
Alessandro Nava Chief Operating Officer
Claudia Borgas-Herold Member-Supervisory Board
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