1&1 AG
EQS-News: 1&1 AG
/ Key word(s): Miscellaneous
New consultation on spectrum allocation Montabaur. 13 May 2024. In its consultation published today on the upcoming allocation of frequencies in the low and mid-band range, the Federal Network Agency envisages an extension of the existing frequency usage rights for Deutsche Telekom, Vodafone and Telefónica. This extension is linked to a commitment by Telefónica to continue the transfer of 2x10 MHz mid-band spectrum to 1&1. In addition, the three incumbent network operators are obliged to make at least 2x5 MHZ of their low-band spectrum available to 1&1 for co-operative, joint use. The agency is calling for corresponding offers on fair terms. "We are open to a co-operative solution. It is important that we can utilise a sufficiently large amount of frequency at market conditions in order to adequately supply our more than 12 million customers," said Ralph Dommermuth, CEO of 1&1 AG. " Only then can we fully leverage the advantages of our innovative Open RAN technology and ensure the competitiveness of our daily expanding 5G network ."
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 is the first network operator in Europe to operate a fully virtualised mobile network based on innovative Open RAN technology. In addition to a comprehensive mobile communications portfolio, broadband connections are offered which are mostly based on 1&1 Versatel's Germany-wide fibre-optic transport network and on regional networks of city carriers and Deutsche Telekom.
While the 1&1 brand addresses value and premium segments, the Group's discount brands appeal to price-conscious target groups. Press Contact
13.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| 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: | ir@1und1.de |
| Internet: | www.1und1.AG |
| ISIN: | DE0005545503 |
| WKN: | 554550 |
| Indices: | SDAX, TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1901695 |
| End of News | EQS News Service |
1901695 13.05.2024 CET/CEST
