Freenet AG Sees Significant Growth in Revenue and Customer Base

Freenet AG has reported a substantial increase in revenue and customer growth in the first nine months of 2026. The integration of mobilezone Germany has been a major contributor to this success, with revenues rising to EUR 2,289.6 million, a 25.2% increase. Despite some challenges in the mobile communications segment, where adj. EBITDA decreased by 10.6% to EUR 286.3 million due to a commercial agreement with Telefónica Deutschland, the company has maintained a solid cash conversion rate.

The IPTV segment has also shown strength, with waipu.tv subscription customer base growing by 116 thousand to 1.871 million. This growth contributed to a 20.3% rise in adj. EBITDA to EUR 29.5 million. The company reaffirmed its 2026 guidance, projecting continued growth in both postpaid and IPTV customer bases.