freenet AG (0MV2.L)

Overall impact
C (49)

Commentary

freenet AG is an average overall performer. With a 'C' rating of 49.0 for overall impact (39th percentile compared to all companies), freenet AG ranks 73rd out of 88 industry peers, behind PDF Wireless, Orange, Oi SA and 69 others, and ahead of Telesites SAB, China Tower, PT Sarana Menara Nusantara and 12 others. On top material causes for freenet AG's industry (Telecommunications), freenet AG performs poorly in Reduced Waste (38.4 score), No Poverty (38.0), Technology Innovation (34.2) and 3 other causes where it received a 'D' or 'F' score. freenet AG did not receive an 'A' rating on any cause.
Impact
Cause 0MV2.L
Peer rank
Overall impact

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Company
Founded
2005
Employees
2,798
Sector
Communication Services
Industry
Diversified Telecommunication Services
Sub-industry
Integrated Telecommunication Services
SASB industry
Telecommunication Services
Headquarters
Germany
Share classes
FRTAY
ADR
0MV2.L
Description
freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. It operates through Mobile Communications, TV and Media, and Other/Holding segments. The Mobile Communications segment engages in the marketing of mobile communications services, which include voice and data services from the mobile network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle. This segment also provides network-independent services and tariffs; tariffs of the network operators on the basis of the network operator contracts; and freenet Internet, an app-based Internet product. The TV and Media segment is involved in the planning, project management, construction, operation, service, and marketing services for broadcast-related solutions for business clients in the broadcasting and media sectors; and the provision of services to end users in the field of DVB-T2 and IPTV. The Other/Holding segment offers portal services, such as e-commerce/advertising services; payment services; various digital products and entertainment formats for downloading and displaying, as well as use on mobile devices; communication development solutions, IT services, and other services; narrowband voice services; data services; and distribution services. The company provides its services under the klarmobil.de, freenetmobile.de, Dr.SIM, freenet MOBILE, FUNK, freenet FLEX, freenet, freenet TV, waipu.tv, freenet VIDEO, freenet.de, freenet BASICS, freenet ENERGY, freenet BUSINESS, CARMADA, MEDIA BROADCAST, vitrado.de, and The Cloud brands. It sells its products through electronics stores, as well as online sales. freenet AG was formerly known as telunico holding AG and changed its name to freenet AG in March 2005. The company was incorporated in 2005 and is headquartered in Büdelsdorf, Germany.
Material causes
Ethos considers the following causes material for freenet AG, based on its industry sub-industry Integrated Telecommunication Services. Learn more about material causes in our methodology overview.

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