freenet AG (OTCPK:FRTAY)

$ 14.7 0 (0%) Market Cap: 3.50 Bil Enterprise Value: 3.60 Bil PE Ratio: 13.85 PB Ratio: 2.20 GF Score: 63/100

Q2 2019 freenet AG Earnings Call Transcript

Aug 09, 2019 / 08:00AM GMT

Transcript

Operator

Good morning, ladies and gentlemen, and welcome to the freenet AG conference call regarding the results of the second quarter 2019. (Operator Instructions) Let me now turn the floor over to your host, Mr. Vilanek.

Christoph Vilanek

freenet AG - Chairman of Executive Board & CEO

Hello, everybody. I was informed that the webcast is not up yet, but will come in a couple of minutes, and I'm sure that all of you have had access to our general website and all the presentation. Anyway, let me maybe start with kind of an opening statement. I think we ran through a very interesting, noisy and future determining quarter. We have seen the frequency auction in Germany with an outcome, which is obviously familiar to all of you, where we think it will widen competition and bring more dynamic to the market. We have seen TelefÃ³nica to be the [remedy] partner of Vodafone in Germany on cable, which will also change some of the dynamics in the convergence products. We have seen a ban of an important hardware player. There's new regulations, specifically international calls

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