DRI 1&1 Drillisch AG

EQS-News: 1&1 AG: 1&1 concludes contract for the acquisition of up to 7,500 new antenna locations

EQS-News: 1&1 AG / Key word(s): Contract/Agreement
1&1 AG: 1&1 concludes contract for the acquisition of up to 7,500 new antenna locations

21.12.2022 / 11:10 CET/CEST
The issuer is solely responsible for the content of this announcement.


1&1 concludes contract for the acquisition of up to 7,500 new antenna locations

 

Montabaur, 21 December 2022. 1&1 Towers GmbH – an indirect 100 % subsidiary of 1&1 AG – and Eubanet GmbH concluded a contract for the acquisition of up to 7,500 new 5G antenna locations. ”Direct collaboration with a highly experienced acquisition partner is another step for us to achieve the expansion targets for our new OpenRAN mobile network“, said Ralph Dommermuth. Within the framework of the acquisition of 5G frequencies, 1&1 accepted the obligation to supply 50 % of the German households until the end of 2030. But 1&1 wants to reach this goal earlier.

To this end, 1&1 has available already – through cooperations with Vantage Towers AG as well as with American Towers Corporation – thousands of existing locations to provide 5G high performance antennas. Additionally, GfTD GmbH is building new antenna locations for 1&1.

Established in Germany, Eubanet GmbH is a well-established consulting and service company in the telecommunications sector with over 30 years of know-how and whose performance portfolio especially covers the analysis and acquisition of suitable locations for new radio and telecommunications facilities. Eubanet has the technical and contract-specific know-how in setting up virtually all networks, such as GSM, UMTS, LTE, PMP, trunked radio systems, fibre optic connections and 5G. ”We are pleased to be able to make an important contribution in further expanding the mobile telecommunications infrastructure in Germany by identifying locations and concluding lease agreements on behalf of 1&1. By establishing a new unit for 1&1 with additional locations and recruitments, we are strengthening our position on the market and create new resources“, said Axel Pfeffer, Managing Director of Eubanet GmbH.

 

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 offers its customers a comprehensive portfolio of mobile and broadband access. Moreover, other portfolio components are attractively bundled mobile and fixed network products and value-added applications such as home networking, online storage, video on demand, smart home solutions or IPTV. While the 1&1 brand is addressing value and premium segments, the Group’s discount brands appeal to price-conscious target customers.

Following the successful participation in the 5G frequency auction, 1&1 as the fourth German network operator will establish the first European-wide fully virtualized mobile network on the basis of the innovative OpenRAN technology.

About Eubanet GmbH

Eubanet GmbH is company domiciled in Ibbenbüren. The company sees itself as a link between network operators and tower companies as well as land and building owners by recording, qualifying and acquiring mobile nework sites. In addition, Eubanet's range of services includes property and contract management, coordination of joint use and owner support. The services are offered nationwide.

 



21.12.2022 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 -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:
Internet:
ISIN: DE0005545503
WKN: 554550
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1518167

 
End of News EQS News Service

1518167  21.12.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1518167&application_name=news&site_id=research_pool
EN
21/12/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on 1&1 Drillisch AG

Anthony Dick ... (+3)
  • Anthony Dick
  • Michael Foundoukidis
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 03/20/2023 Date Performance sin...

In a market that has radically changed its regime since the collapse of SVB, we propose 15 defensive stocks, with various sectors and profiles, to buy to protect your portfolio against the risk – increasing on a daily basis – of a worsening of the stock market correction. These stocks are, in alphabetical order: Ahold Delhaize, bioMérieux, E.ON, Ferrari, Greencoat Renewables, Iberdrola, Inditex, KPN, Nestlé, Novo Nordisk, Sodexo, Synlab, Véolia, Viscofan and Virbac. - ...

Anthony Dick ... (+3)
  • Anthony Dick
  • Michael Foundoukidis
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 20/03/2023 Date Performance dep...

Dans un marché qui a radicalement changé de régime depuis la faillite de SVB, nous proposons 15 valeurs défensives, avec des secteurs et des profils variés, à acheter pour protéger son portefeuille face au risque – chaque jour grandissant – d’une aggravation de la correction boursière. Ces valeurs sont, par ordre alphabétique : Ahold Delhaize, bioMérieux, E.ON, Ferrari, Greencoat Renewables , Iberdrola, Inditex, KPN, Nestlé, Novo Nordisk, Sodexo, Synlab, Veolia, Viscofan, Virbac. - ...

Anthony Dick ... (+4)
  • Anthony Dick
  • Bruno Cavalier
  • Michael Foundoukidis
  • Thomas Zlowodzki

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/20/2023

In a market that has radically changed its regime since the collapse of SVB, we propose 15 defensive stocks, with various sectors and profiles, to buy to protect your portfolio against the risk – increasing on a daily basis – of a worsening of the stock market correction. These stocks are, in alphabetical order: Ahold Delhaize, bioMérieux, E.ON, Ferrari, Greencoat Renewables, Iberdrola, Inditex, KPN, Nestlé, Novo Nordisk, Sodexo, Synlab, Véolia, Viscofan and Virbac. - ...

Anthony Dick ... (+4)
  • Anthony Dick
  • Bruno Cavalier
  • Michael Foundoukidis
  • Thomas Zlowodzki

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 20/03/2023

Dans un marché qui a radicalement changé de régime depuis la faillite de SVB, nous proposons 15 valeurs défensives, avec des secteurs et des profils variés, à acheter pour protéger son portefeuille face au risque – chaque jour grandissant – d’une aggravation de la correction boursière. Ces valeurs sont, par ordre alphabétique : Ahold Delhaize, bioMérieux, E.ON, Ferrari, Greencoat Renewables , Iberdrola, Inditex, KPN, Nestlé, Novo Nordisk, Sodexo, Synlab, Veolia, Viscofan, Virbac. - ...

Konrad Zomer ... (+2)
  • Konrad Zomer
  • Stephane Beyazian

ODDO : Exposure to five markets that could consolidate

>Telefonica, Vodafone, Telenor and Orange - The sector saw a re-rating of close to 20pp between mid-2013 and mid-2015 thanks to a wave of acquisitions and mergers stopped in September 2015 by the European Commission. A new wave seems to be building, thanks to the Commission being orally more encouraging with operators. To take advantage of this opening, Hutchison is ready, according to press reports, to quickly conclude its merger discussions with Vodafone in the UK a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch