United Internet Holds at 24.50 Euros as Investors Weigh 27 Million-Contract 1&1 Network Bet
Updated
Updated · AD HOC NEWS · Jun 28
United Internet Holds at 24.50 Euros as Investors Weigh 27 Million-Contract 1&1 Network Bet
1 articles · Updated · AD HOC NEWS · Jun 28
Summary
24.50 euros on Xetra marked a steady start for United Internet shares as investors assessed the group’s long-term telecoms and internet-services positioning.
The focus is 1&1’s Open RAN mobile network build-out, which is meant to shift the company from relying on Telefónica’s infrastructure to operating its own network and improving margins over time.
That transition still requires higher capital spending and a gradual migration of customers, even as United Internet argues greater control over network design should cut wholesale costs.
More than 27 million customer contracts across broadband, mobile and online services, plus hosting and cloud brands such as IONOS, GMX and WEB.DE, give the MDAX group a diversified base beyond pure-play mobile operators.