Report
Stephane Beyazian

1&1 AG : Impacts 5G décalés à 2023

>Moins de Capex en 2022, mais plus en 2023 - Vendredi soir, 1&1 a annoncé prévoir pour 2022 : (i) un EBITDA de 690 M€ (au-dessus du consensus de 674 M€), soit un relèvement de 10 M€ grâce à moins de coûts de déploiement 5G (60 M€ en 2022), et (ii) des investissements de seulement 250 M€, versus objectif initial de 400 M€, soit un report de près de 150 M€ sur 2023 (consensus avant report de 370 M€). Ce report reflète les retards de déploiement de sites 5G par Vantage T...
Underlying
1&1 Drillisch AG

Drillisch is a holding company. Co. through its subsidiaries, is a mobile virtual network operator in Germany. The services acquired from the network operators Telekom Deutschland GmbH, Vodafone D2 GmbH, E-Plus Mobilfunk GmbH and Telefonica O2 Germany GmbH & Co. OHG are sold further to the end consumers for Co.'s own account and at rates established by Co. Co. organizes its operations into three segments: telecommunications, which includes its activities in the sector of wireless services; freenet holding, which comprises the operations of its freenet AG subsidiary; and software services, which involves activities related to the development and marketing of a workflow management software.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

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