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 broadband, 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 broadband products, including the related applications (such as home networking, online storage, telephony, video on demand or IPTV).
We expect an EBITDA of around €690 million. Our expectation of an increase of about 3% (2018: €2,882.3 million) in the service revenues remains unchanged.