Freenet AG to acquire mobilezone Deutschland and extends partnership with MediaMarktSaturn
Freenet AG is set to acquire mobilezone Deutschland for approximately EUR 230 million, expected to finalize in Q4 2025. Mobilezone, with brands like Sparhandy and Deinhandy, reported nearly EUR 780 million in revenue and EUR 30 million in EBITDA for 2024. The acquisition will be funded through credit lines. Additionally, Freenet has extended its partnership with MediaMarktSaturn for five more years, ensuring distribution of its tariffs in all MediaMarkt and Saturn stores in Germany.
Freenet AG is strengthening its position in the German mobile market with the planned acquisition of mobilezone Deutschland. The transaction, valued at approximately EUR 230 million, is expected to be completed in the fourth quarter of 2025. Mobilezone Deutschland, known for brands such as Sparhandy, Deinhandy, Handystar, and HIGH, reported revenues of nearly EUR 780 million and EBITDA of around EUR 30 million in 2024. The acquisition will be financed through committed credit lines. Alongside this move, freenet has also extended its exclusive sales partnership with MediaMarktSaturn Deutschland GmbH for another five years, ensuring continued distribution of its own and network operators’ tariffs in all MediaMarkt and Saturn stores across Germany and their online channels. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freenet AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2210206_en), on October 08, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
