✉news TechnologyInternet first seen 21 h ago, last 9 h ago, peak #1
United Internet to raise stake in 1&1 to 89.32%
Original: Germany's United Internet to raise stake in 1&1 to 89.32%
German telecommunications group United Internet is increasing its ownership stake in mobile network operator 1&1 to 89.32%, tightening its control over the Montabaur-based company. The move consolidates United Internet's hold on 1&1, which has been building its own mobile network in Germany after switching from renting capacity from rivals. Financial details of the transaction were not immediately given.
Why now: The stake increase signals a major consolidation move in Germany's telecom sector, drawing investor attention.
Rank over time, top of the chart is #1. 10 snapshots from 21 h ago to 9 h ago.
Evidence
- Germany's United Internet to raise stake in 1&1 to 89.32% · Yahoo Finance
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