Freenet Ag Unsp/Adr (FRTAY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to our Q2 earnings call. I'm very pleased with our performance in the first half of the year. Everything is moving in the right direction and we see substantial growth opportunities ahead of us. In the first half of 2026, we expanded our subscription base by 140,000, surpassing 10 million subscribers. I think this is an important Milestone, which is very impressive and a clear statement to the strength of our sales organization. We can confirm our 2026 guidance. While others struggled in the first half of the year, we were able to add 34,000 mobile subscribers and 35,000 IPTV subscribers and could increase our postpaid service revenue. We see progress in the integration of mobile zone. This is progressing nicely and this also broadens and expands our sales footprint and creates new opportunities for us. Weibu was strong again and nice contribution and we could increase the adjusted EBDA by almost 40% in the first half of the year. and besides this also a solid subscriber growth. Our top line grew almost 25% due to the acquisition of MobileZone. This also reflects our broader business scale and shows that we have become much more important for the industry and for our partners. Our mobile business is still affected by the negative known MNO agreement effect. The negotiations are still ongoing, nothing decided yet, but we are on it. We have, I would say, constructive discussions. Last week we were in Munich and talked to them again, so I think this is moving forward. And we are very pleased about the progress and strong execution. In terms of our AI first strategy, we brought further applications live. Our AI VoiceBot, we further scaled it and our AI Buddy, which is a tool for our Tillisales team. And besides this, we initiated even mo...