on Freenet AG (ETR:FNTN)
Freenet AG and Telefónica Deutschland Extend Partnership for Another Decade
Freenet AG and Telefónica Deutschland have signed a term sheet to extend their partnership for another ten years, focusing on growth in the German mobile communications market. This agreement solidifies strategic and commercial terms between the two entities, aiming for a cooperative enhancement of their respective strengths.
Robin Harries, CEO of freenet AG, expressed satisfaction with the agreement, highlighting the improved terms and the potential for mutual growth. He noted the consistent improvement of Telefónica Deutschland’s network, emphasizing its foundation for effective marketing.
The signing marks a milestone for the continuation of their longstanding collaboration, with both companies seeing this as a win-win situation paving the way for sustainable growth.
R. E.
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