1&1 AG: New consultation on spectrum allocation

EQS-News: 1&1 AG / Key word(s): Miscellaneous
1&1 AG: New consultation on spectrum allocation

13.05.2024 / 15:10 CET/CEST
The issuer is solely responsible for the content of this announcement.

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New consultation on spectrum allocation

Montabaur. 13 May 2024. In its consultation published today on the upcoming
allocation of frequencies in the low and mid-band range, the Federal Network
Agency envisages an extension of the existing frequency usage rights for
Deutsche Telekom, Vodafone and Telefónica. This extension is linked to a
commitment by Telefónica to continue the transfer of 2x10 MHz mid-band
spectrum to 1&1. In addition, the three incumbent network operators are
obliged to make at least 2x5 MHZ of their low-band spectrum available to 1&1
for co-operative, joint use. The agency is calling for corresponding offers
on fair terms.

"We are open to a co-operative solution. It is important that we can utilise
a sufficiently large amount of frequency at market conditions in order to
adequately supply our more than 12 million customers," said Ralph
Dommermuth, CEO of 1&1 AG. " Only then can we fully leverage the advantages
of our innovative Open RAN technology and ensure the competitiveness of our
daily expanding 5G network ."



About 1&1 AG

1&1 AG is a listed telecommunications provider domiciled in Montabaur. The
Company is a member of the United Internet AG corporate group.

1&1 is the first network operator in Europe to operate a fully virtualised
mobile network based on innovative Open RAN technology. In addition to a
comprehensive mobile communications portfolio, broadband connections are
offered which are mostly based on 1&1 Versatel's Germany-wide fibre-optic
transport network and on regional networks of city carriers and Deutsche
Telekom.

While the 1&1 brand addresses value and premium segments, the Group's
discount brands appeal to price-conscious target groups.

Press Contact
Robin Schmidt
Mail: presse@1und1.de


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   Language:       English
   Company:        1&1 AG
                   Elgendorfer Straße 57
                   56410 Montabaur
                   Germany
   Phone:          +49 (0) 6181 - 412 218
   Fax:            +49 (0) 6181 - 412 183
   E-mail:         ir@1und1.de
   Internet:       www.1und1.AG
   ISIN:           DE0005545503
   WKN:            554550
   Indices:        SDAX, TecDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1901695

End of News EQS News Service
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1901695 13.05.2024 CET/CEST