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    1U1   DE0005545503

1&1 AG

(1U1)
  Report
Real-time Estimate Tradegate  -  02:07:44 2023-03-24 pm EDT
10.94 EUR   -1.75%
03/231&1 : Deutsche Bank reaffirms its Neutral rating
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03/201&1 AG(XTRA:1U1) dropped from FTSE All-World Index
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03/14European Midday Briefing: Some Market Calm Restored; U.S. CPI Up Next
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Survey: One in two mobile users has never used 5G

03/12/2023 | 09:18am EDT

HEIDELBERG (dpa-AFX) - At least half of the population in Germany has never used the fifth-generation mobile network (5G). That is the result of a representative opinion poll published on Saturday by Innofact AG, which was commissioned by comparison portal Verivox.

In the survey, 40 percent of people in Germany said they had already used the 5G network once or several times. According to the survey, 49 percent have never been on the 5G network, and 10 percent are not sure. They have either been in the 5G network unknowingly or belong to the group that has not yet transmitted data in a 5G network.

The 5G mobile network is faster than previous network generations (LTE or UMTS). It also has lower latency, which means that the connection responds faster when accessing websites or apps. This plays a role in online gaming, for example. 5G also allows for a greater number of devices to be connected simultaneously. This is important, for example, at major events such as a soccer match, when many fans in the stadium are uploading or watching videos at the same time.

According to the latest statistics from the Federal Network Agency, around 85 percent of Germany is currently covered by 5G networks. In the city states of Berlin, Hamburg and Bremen there is virtually full coverage, while in the territorial states the figures are lower. Baden-Württemberg, Hesse, Rhineland-Palatinate and Thuringia have the lowest rollout rates, at just under 80 percent.

The expansion rate also varies among the four providers. Telekom recently reported a figure of 94 percent household coverage for 5G. Vodafone 's 5G household coverage is 80 percent, while Telefónica (O2) is at 75 percent. New entrant 1&1 operates only a few of its own 5G radio masts so far. Large discounter brands such as Aldi Talk, which mainly operate on Telefónica networks, do not yet offer any 5G rates.

"That 5G network usage remains below its potential is no surprise in times of high inflation," said Jens-Uwe Theumer, Vice President Telecommunications at Verivox. "After all, anyone who wants to surf via 5G needs an appropriate smartphone as well as a 5G-compatible rate plan. Both components are comparatively expensive." Recently, however, prices for 5G smartphones had dropped sharply. Entry-level models are available from around 200 euros.

The Verivox survey showed no urban-rural divide in 5G usage, although the 5G network is better developed in urban regions than in rural areas. For example, 20 percent of residents of rural communities and smaller towns say they have already been on the 5G network several times - among residents of large cities (100,000 inhabitants or more), the figure is only slightly higher at 25 percent. There is also a small difference in the number of non-users, which is 50 percent in smaller towns and communities and 47 percent in large cities.

However, 5G use declines with increasing age. Young people under 30 say they have already used the 5G network at least once. Among respondents over 70, this figure is only 17 percent. Among respondents aged 50 to 69, 29 percent say they have already surfed via 5G. Across age groups, more than one in four men use the 5G network more often, but only 17 percent of women./chd/DP/he


© dpa-AFX 2023
Stocks mentioned in the article
ChangeLast1st jan.
1&1 AG -2.34% 10.87 Delayed Quote.-4.05%
APPLE INC. 0.19% 159.29 Delayed Quote.22.32%
DEUTSCHE TELEKOM AG -0.55% 21.72 Delayed Quote.17.18%
TELEFÓNICA DEUTSCHLAND HOLDING AG -2.28% 2.832 Delayed Quote.25.84%
VODAFONE GROUP PLC -2.44% 88.58 Delayed Quote.7.79%
All news about 1&1 AG
03/231&1 : Deutsche Bank reaffirms its Neutral rating
MD
03/201&1 AG(XTRA:1U1) dropped from FTSE All-World Index
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03/14European Midday Briefing: Some Market Calm Restored; U.S. CPI U..
DJ
03/12Survey: One in two mobile users has never used 5G
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03/10German Court Rules Against Deutsche Telekom in 1&1 Network Case
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03/101&1 Ag : Deutsche Telekom loses in Court: 1&1 builds Europe's most advanced 5G network
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03/10United Internet appoints Ralf Hartings as new Chief Financial Officer
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03/081&1 : UBS remains Neutral
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03/06Review of Huawei technology for 5G rollout in Germany continues
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03/06Özdemir urges better digital connectivity in rural areas
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Analyst Recommendations on 1&1 AG
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Financials
Sales 2022 3 978 M 4 333 M 4 333 M
Net income 2022 351 M 383 M 383 M
Net Debt 2022 1 029 M 1 121 M 1 121 M
P/E ratio 2022 5,65x
Yield 2022 0,45%
Capitalization 1 962 M 2 137 M 2 137 M
EV / Sales 2022 0,75x
EV / Sales 2023 0,71x
Nbr of Employees -
Free-Float 18,3%
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 11,13 €
Average target price 19,98 €
Spread / Average Target 79,5%
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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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