1&1 Drillisch AG Company Profile and Outlook
1&1 Drillisch AG is a listed stock corporation and one of the large network-independent telecommunications providers in Germany. The Company provides its customers with a comprehensive portfolio of services and products from the fields of DSL, mobile voice and data services. The core business of 1&1 Drillisch Group is telecommunications and is essentially conducted by the wholly-owned subsidiaries Drillisch Online GmbH ("Drillisch Online"), Maintal, and 1&1 Telecommunication SE ("1&1"), Montabaur. Drillisch's primary activity is the marketing of postpaid and prepaid products in the networks of Telefónica and Vodafone as well as landline and DSL products, including the related applications (such as home networking, online storage, telephony, video on demand or IPTV).
1&1 Drillisch confirms its targets for the year 2018 as a whole and has not revised its projections of about 1 million new customers, a rise in revenue to about €3.7 billion and an increase in EBITDA to about €750 million. The Company is assuming at this time that the price adjustment negotiations with an advance services provider that have been in progress for several months will be concluded in the very near future.