Freenet.de
Encyclopedia
Freenet AG is a German
telecommunications and web content
provider. The company was formerly a subsidiary of Mobilcom. In 2004, its EBITDA
was 471.5 million euro. In 2007, Freenet.de merged with Mobilcom, a deal which took around two years to complete, and the resulting company changed its name to Freenet AG. In July 2008 Freenet AG acquired debitel
AG, another German telecommunications company.
The company was formerly active in the provision
of broadband Internet services, but sold this unit to United Internet
for €123 million in 2009.
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
telecommunications and web content
Web content
Web content is the textual, visual or aural content that is encountered as part of the user experience on websites. It may include, among other things: text, images, sounds, videos and animations....
provider. The company was formerly a subsidiary of Mobilcom. In 2004, its EBITDA
EBITDA
EBITDA is an acronym for earnings before interest, taxes, depreciation, and amortization. It is a non-GAAP metric that is measured exactly as stated. All interest, tax, depreciation and amortization entries in the income statement are reversed out from the bottom-line net income...
was 471.5 million euro. In 2007, Freenet.de merged with Mobilcom, a deal which took around two years to complete, and the resulting company changed its name to Freenet AG. In July 2008 Freenet AG acquired debitel
Debitel
debitel AG is one of the largest mobile telephone services providers in Europe, offering a wide range of telecommunication products – mobile and land-line telephony as well internet services. At its peak, the business commanded a 47% market share of the mobile service provider market in Germany ...
AG, another German telecommunications company.
The company was formerly active in the provision
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...
of broadband Internet services, but sold this unit to United Internet
United Internet
United Internet AG is a German Internet services company. With 2.91 million DSL customer contracts, it is a leading ISP in Germany. It is headquartered in Montabaur, Rhineland-Palatinate...
for €123 million in 2009.