Wednesday, November 19, 2008

United Internet does not offer DSL for Freenet

The Internet holding company United Internet (including the brands or subsidiary companies 1 & 1, GMX and actively web.de) is reportedly does not own in a takeover of the DSL business of the telecommunications company Freenet AG is interested. The company was already in October at one of the representatives of Freenet letter from the tender procedure eliminated, told United Internet, according to Reuters.
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Background of the message were statements by Freenet CEO Eckhard Spoerr said in an interview with the Börsen-Zeitung, 15 November. In this, the manager said United had made an offer. So as far as the impression that United Internet will participate in this sale process is still part, this is not to meet.

On the future direction of Freenet AG, there is some time since fierce clashes between Freenet CEO Eckhard Spoerr and the major shareholders of the cellular and Internet service provider. United Internet and Drillisch are on a holding the largest shareholder of Freenet AG. The investment company Permira has since 4 August with 24.99 percent of Freenet AG, the investment company came through the sale of debitel to Freenet in the possession of the shares. United Internet and Drillisch endorsed a break-up of Freenet AG, the debate about the strategy the company has at least led to Freenet's DSL business wants to sell.

With the departure of former debitel leaders seemed steep Oliver's position, however, Spoerr strengthened, he should Freenet on course for growth and, inter alia, the beleaguered share price battered on the legs help, it was back in circles of investors. Urgent task now is the sale of the DSL business, which until the beginning of November under the roof and expertise should be brought - so far, this is not a success, even if the DSL business in the most recent balance sheet no longer is listed.

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