freenet AG (FNTN.HM)
freenet AG operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Budelsdorf, SH, DE. The stock last traded at $24.18, up 2.98% on the session, giving a market capitalisation of $2.82B. Its beta of 0.24 implies it has historically moved less than the broad market.
freenet AG operates as a holding company, positioning itself as a comprehensive digital lifestyle provider. Its diverse offerings encompass telecommunications, television, internet access, and mobile device solutions. The company organizes its operations into three primary segments: Mobile Communications, Television and Media, and Other or Holding. The Mobile Communications division focuses on marketing voice and data connectivity services, along with the retail and distribution of mobile communication devices and various digital lifestyle products. The Television and Media segment covers all services related to Internet Protocol Television (IPTV), including the planning, project management, setup, operation, maintenance, and marketing of broadcasting solutions for corporate clients in the radio and media sectors. This segment also delivers DVB-T2 services directly to consumers. Finally, the Other or Holding segment provides portal-based services such as e-commerce, advertising, payment processing, and a variety of digital products and entertainment content available for download and viewing on mobile devices. Established on April 15, 2005, freenet AG is based in Budelsdorf, Germany.
freenet AG is most often compared with the following Communication Services names: