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freenet.de AG

euro adhoc: freenet.de AG
Mergers - Acquisitions - Takeovers
freenet to acquire Tiscali’s B2C-broadband and -narrowband customer contracts in Germany

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
31.01.2007
Hamburg / freenet.de AG - freenet.de AG and Tiscali SpA announce that
a purchase agreement has been signed today, under which freenet will
acquire Tiscali Germany’s  B2C narrowband and broadband customer
relationships. At year-end 2006, Tiscali had around 380,000 active
such customers in Germany, of which approximately one third were
broadband customers. The purchase price, which will be paid in cash,
will be based on the number of actual customer numbers at the time
the transaction is completed and is expected to be approx. EUR30
million. The transaction is also subject to fulfillment of normal
closing conditions, including antitrust approval, and is expected to
complete by first quarter of 2007.
end of announcement                               euro adhoc 31.01.2007 19:12:51

Further inquiry note:

Andreas Neumann
Investor Relations
Tel.: +49 (0)40 51306 778
E-Mail: IR@freenet-ag.de

Branche: Online
ISIN: DE0005792006
WKN: 579200
Index: TecDAX, CDAX, Prime All Share, HDAX, Technologie All Share,
Midcap Market Index
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade

Plus de actualités: freenet.de AG
Plus de actualités: freenet.de AG