EANS-News: freenet AG freenet AG disposes of KielNET holding
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Strategic management decisions
Büdelsdorf, 25 September 2012 (euro adhoc) - freenet AG disposes of KielNET
holding
- Strategic portfolio streamlining to focus on core businesses of mobile
communications and mobile internet
- Final consolidation of the 50 percent KielNET holding in Q4
Büdelsdorf, 25 September 2012 - freenet AG takes another step in its strategic
portfolio streamlining by selling its 50-percent stake in KielNET GmbH
Pending approval by the antitrust authorities, freenet AG has sold its
50-percent shareholding in KielNET GmbH to Versatel Holding GmbH. Further to
this transaction, the public utilities company Stadtwerke Kiel is also disposing
of its 50-percent holding in the regional telecommunications service provider
and carrier.
KielNET's range of products and services encompasses telephony, internet,
broadband, leased line, hosted PBX and project business. The company, founded in
1996, is a former holding of mobilcom AG.
For more information: http://www.freenet-group.de/investor/index.html.
Further inquiry note:
freenet AG
Investor Relations
Tel.: +49 (0)40 51306-778
E-Mail: ir@freenet.ag
end of announcement euro adhoc
--------------------------------------------------------------------------------
company: freenet AG
Hollerstraße 126
D-24782 Büdelsdorf
phone: +49 (0)4331 691000
mail: ir@freenet.ag
WWW: http://www.freenet-group.de
sector: Telecommunications
ISIN: DE000A0Z2ZZ5
indexes: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English