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Why is FRTAY down 12.32%?
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FRTAY:OTCMKTS
Freenet ADR
$12.45
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-12.32%(-1.75) 1D
Oct 9, 4:00:00 PM GMT-4 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for FRTAY...
Open
$12.45
High
$12.45
Low
$12.45
Mkt. cap
2.59B
Avg. vol.
49.00
Volume
725.00
52-wk high
$18.02
52-wk low
$12.45
Beta
0.42
Shares outstanding
237.80M
No. of employees
3K
Open
$12.45
High
$12.45
Low
$12.45
Mkt. cap
2.59B
Avg. vol.
49.00
Volume
725.00
52-wk high
$18.02
52-wk low
$12.45
Beta
0.42
Shares outstanding
237.80M
No. of employees
3K
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Profile
Freenet AG is a German telecommunications and web content provider. The company was formerly a subsidiary of Mobilcom. In 2004, its EBITDA was 471.5 million euro. In 2007, Freenet.de merged with Mobilcom, a deal which took around two years to complete, and the resulting company changed its name to Freenet AG. In July 2008, Freenet AG acquired debitel AG, another German telecommunications company.
The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet for €123 million in 2009. At the end of February 2022, it was announced that the Mobilcom-Debitel brand would be discontinued in July of the same year in favor of freenet. The changeover took place on 13 July and the company has additionally been renamed freenet DLS. Wikipedia
About Freenet ADR
CEOChristoph Vilanek
Employees2.8K
FoundedMar 2, 2007
HeadquartersBüdelsdorf, Schleswig-Holstein, Germany
SectorTelecommunications
Websitefreenet.ag