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DGAP-News: 1&1 AG
/ Key word(s): Strategic Company Decision
GfTD builds antenna sites for the 1&1 mobile network Maintal, Dortmund, 04 April 2022. 1&1 Mobilfunk GmbH, a subsidiary of 1&1 AG, and GfTD GmbH have signed a contract for the construction of antenna sites for the efficient roll-out of the fourth German mobile network. The first order amounts to 500 new sites. GfTD is one of the leading German service providers for radio infrastructure and will build new antenna sites for the 1&1 mobile network across Germany as a general contractor. Both companies have already been working together successfully since the beginning of 2020 as part of the German government's "Weiße-Flecken-Programms" to close coverage gaps in rural areas. Here, GfTD has built hundreds of new mobile network sites on behalf of 1&1, which can also be shared by Deutsche Telekom, Vodafone and Telefónica. 1&1 also has up to 5,000 existing masts at its disposal for the installation of the 1&1 high performance antennas via a cooperation with Vantage Towers AG. "With GfTD, we have a proven expert for site acquisition and structural engineering work at our side, which ideally complements our partner network. This puts us in a position to drive forward the expansion of the 1&1 OpenRAN quickly and with a perfect fit," says Ralph Dommermuth, CEO of 1&1 AG. "We are pleased to be able to make an important contribution to the further expansion of the necessary mobile radio infrastructure in Germany by constructing the antenna sites on behalf of 1&1," says Pia Lempik, Managing Director of GfTD GmbH. Thomas Lempik, also Managing Director of GfTD GmbH, adds: "The fact that 1&1 has chosen GfTD as general contractor for the construction of their antenna sites underlines our know-how as well as our high performance in this area." About 1&1 AG 1&1 AG is a listed telecommunications provider based in Maintal. The company is part of the United Internet AG group. 1&1 offers its customers a comprehensive portfolio of wireless services and broadband access. It also offers attractive bundled products comprising mobile and fixed-network services, as well as value-added applications such as home networking, online storage, video-on-demand, smart home solutions and IPTV. While the brand 1&1 addresses value and premium segments, the Group's discount brands appeal to a price-conscious target groups. Following its successful participation in the 5G frequency auction, 1&1 is the new entrant and fourth German network operator to build Europe's first fully virtualised mobile network based on innovative OpenRAN technology.
Press Contact Contact: Oliver Keil Head of Investor Relations Mail: ir@1und1.de
04.04.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | 1&1 AG |
| Wilhelm-Röntgen-Straße 1-5 | |
| 63477 Maintal | |
| 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: | 1319761 |
| End of News | DGAP News Service |
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1319761 04.04.2022
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