Report
James Ratzer
EUR 8536.00 For Business Accounts Only

Telefonica Deutschland (Reduce, €2.2, -30%) Q1 23: 1&1 still persisting with their network build

O2D has reported a decent set of Q1 results with no change to FY guidance, but in all honesty, we had more eyes on the 1&1 results published this morning, as what they decide to do with their network buildout has more bearing on our view on the investment case for O2D.
Underlying
Telefonica Deutschland Holding AG

Telefonica Deutschland Holding is a telecommunication company. Co. offers its consumer retail and business customers postpaid and prepaid wireless communications products, along with wireless data services using Global Packet Radio Service, Universal Mobile Telecommunications System and Long Term Evolution technology as well as Digital Subscriber Line wireline telephony and high-speed internet services. Co. markets its products and its wireless and wireline communications products as well as services via the core brand O2. Co.'s secondary brands include the brands Fonic and netzclub. Co. also markets high-speed DSL internet access and wireline telephony.

Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Analysts
James Ratzer

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