Freenet Ag Unsp/Adr (FRTAY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Freenet AG conference call on the Q1 2026 results. At this time, all participants have been placed in a listen-only mode. There will be an opportunity to ask questions following the presentation. I will now hand over the call to Robin Harris, CEO of Freenet AG. Good morning, everyone, and welcome to our Q1 earnings call 2026. I'm Robin Harris, the CEO of Freenet. We are very happy about the start into the year. We could see strong revenue growth and strong growth in terms of free cash flow. And, yeah, we had a solid and sustained customer growth across mobile and IT TV. And we had some nice operational highlights. And for example, the relaunch of our domain freenet.de. And we started our, or we started further AI initiatives. So we brought AI bots live. And we are keep integrating Mobile Zone Germany, the company that we acquired last year. We confirm our guidance for the full year, M26. And yeah, as I said, we are happy about the start into the new year. Next slide, please. On the following slides, I will focus on our two core segments, which are mobile and ITTV. I'm going to start with an update about development in the mobile segment. One good thing is that the market is shifting to value over volume. As you know, we saw or we had very strong competition since 24, which had a very negative impact on pricing. It started in 24, and then we saw further negative developments over the course or in the beginning of 25. But the good thing is that in the end of 25, during the cyber week, we could observe that it was the first time for years where prices didn't go down further. Normally, during the cyber week, prices go down further. But last year, this didn't happen. And in the end of the year, we could even increase ...