Freenet AG to acquire mobilezone Deutschland and extends partnership with MediaMarktSaturn
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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.
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