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DGAP-Adhoc 1&1 Drillisch sets course for the future: Expansion of cooperation with 1&1 Versatel and Deutsche Telekom as well as acceptance of Telefónica's improved national roaming offer. Preliminary figures - Seite 2

Nachrichtenquelle: EQS Group AG
15.02.2021, 08:41  |  145   |   |   

In addition to the existing access to FTTH connections of well-known city carriers, 1&1 Versatel 1&1 Versatel can thus initially offer 1&1 Drillisch around 750,000 additional FTTH connections for marketing. The number of marketable FTTH connections at Deutsche Telekom is expected to increase by an average of 2 million households per year.

FTTH connections for private households enable bandwidths of up to 1Gbit/s. Households not yet equipped with FTTH will be supplied with VDSL connections (up to 250 Mbit/s).

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Given the advantages of the new combined VDSL-/FTTH agreement, the existing VDSL only advance service agreement between 1&1 Drillisch and Deutsche Telekom will be terminated before maturity by mutual agreement of the parties. For 1&1 Drillisch this will result in the write-off of accrued assets for VDSL contingents for existing customers still available until 31 March 2024, that must be written off in the amount of ca. 130 million Euro. The one-time write-off has no cash effect and will be clearly topped by the positive effects from the expanded cooperation with 1&1 Versatel and Deutsche Telekom in the long-run.

The new FTTH/VDSL agreement between 1&1 Versatel and Deutsche Telekom is subject to approval by the Federal Network Agency as the competent regulatory authority.

National roaming / Prices for MBA MVNO advance services

Furthermore, 1&1 Drillisch has decided today to accept bindingly Telefónica Deutschland's offer - that was improved following review by the EU Commission - for national roaming and for MBA MVNO advance services. The terms and conditions offered by Telefónica retroactively from July 2020 are based on the pricing mechanisms of the first five years of the MBA MVNO agreement for the future as well. In particular, the offer again includes annually decreasing data prices, which are lower than the fixed prices currently charged by Telefónica.

The conclusion of an agreement, which Telefónica's offer expects until approx. mid of May 2021, would have a positive earnings effect of approx. 34 million Euro for 1&1 Drillisch in the fiscal year 2020, which would be booked as an out-of-period return in the fiscal year 2021. In addition, an agreement on national roaming would constitute an essential prerequisite for 1&1 Drillisch's envisaged rollout of a high-performance 5G network.

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DGAP-Adhoc 1&1 Drillisch sets course for the future: Expansion of cooperation with 1&1 Versatel and Deutsche Telekom as well as acceptance of Telefónica's improved national roaming offer. Preliminary figures - Seite 2 DGAP-Ad-hoc: 1&1 Drillisch Aktiengesellschaft / Key word(s): Strategic Company Decision/Forecast 1&1 Drillisch sets course for the future: Expansion of cooperation with 1&1 Versatel and Deutsche Telekom as well as acceptance of Telefónica's improved …

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