United Internet on Growth Course with 1&1 The German telecommunications company United Internet is experiencing growth with its subsidiary 1&1. The company has reported an increase in revenue and customer numbers for 1&1, which offers internet and mobile services. This growth can be attributed to the company’s focus on expanding its network and offering competitive prices to customers. United Internet plans to further invest in 1&1’s infrastructure and services to continue its growth trajectory.

Last Updated: 3. Januar 2024By

As your daily companion through the stock market, I am giving you an exclusive insight into the development of United Internet. The company is facing a crucial year with big plans and ambitious goals.

Growth strategy in sight United Internet, one of the leading internet specialists in Europe, has recently announced its plans for significant expansion. The focus is on expanding the fiber and mobile network, a strategic decision that is expected to bring the company onto its next growth path. For the coming year, United Internet is aiming for a increase in group revenue to around 6.5 billion euros.

This is an increase compared to the expected 6.2 billion euros this year. Particularly noteworthy is the expected increase in EBITDA from around 1.29 billion euros in 2023 to around 1.42 billion euros in 2024. These numbers show that United Internet not only wants to grow, but also expects an increase in profitability.

Six-month chart of United Internet The stock is performing well and recently crossed the blue 50-day line. (Source: Stock Screener)

The role of 1&1: Growth and innovation An important part of United Internet AG is its mobile subsidiary 1&1. The company, known for its comprehensive tariff portfolio in the 5G mobile network, also has ambitious goals for 2024. With an expected growth of around 4 percent in service revenues and a planned EBITDA growth of around 10 percent, 1&1 is sending a clear signal for future development. The planned investments in network expansion underline the commitment to technological excellence and expanding the customer base.

Market reaction and outlook The announcements from United Internet and 1&1 have been positively received by the market. The stock of United Internet rose by more than 5% in early trading on Wednesday. This shows the confidence of investors in the company’s plans and future prospects. With over 28 million paid customer contracts and more than 39 million ad-financed free accounts, United Internet is already one of the heavyweights in the industry. The planned investments and expected growth could further strengthen this position.

A look into the future United Internet is facing a year of investments and growth. The planned measures show a company that is determined to solidify and expand its market position. For investors and industry observers, United Internet remains an interesting company whose development should be closely monitored in the coming months.

I will continue to provide you with current analyses and in-depth insights. Stay tuned for the latest developments in the dynamic world of the stock market.