Freenet AG has acquired Mobilezone Deutschland GmbH for approximately €230 million, aiming to enhance its market presence and operational efficiency in the German telecommunications sector.

Target Information

In October 2025, freenet AG announced its agreement to acquire 100% of Mobilezone Deutschland GmbH, including significant operational subsidiaries, for a purchase price of approximately €230 million. As reported, Mobilezone has demonstrated impressive financial performance, generating revenues close to €780 million and an EBITDA of around €30 million for 2024. This acquisition positions freenet strategically within the fast-evolving telecommunications landscape in Germany.

Industry Overview

The German telecommunications industry is characterized by rapid consolidation and a surge in digital service offerings. With a rising customer demand for diversified digital solutions, companies are increasingly shifting their focus towards mobile virtual network operators (MVNOs) and digital platforms. This trend highlights the necessity for traditional retailers to adapt and enhance their service capabilities in order to remain competitive.

As digital assets continue to play a critical role in the revenue structure, businesses integrating strong MVNO strategies are well-positioned to leverage higher-margin opportunit