I=6, Feb 6, 2024
-
1&1 CEO Ralph Dommermuth said in an interview with the International Club of Frankfurt Economic Journalists (ICFW) that they are targetting to have 1,350 antenna sites at the end of March 2024.
-
He added that they have signed lease contracts for another 750 sites on rooftops and other viable deployment locations.
-
Dommermuth pointed out that the primary bottleneck is the connection of masts to fibre networks.
-
In the interview, Dommermuth signalled that the subsidiaries could be made independent or United Internet could be scaled down.
“The aim is to hand over a company that is easier to manage ”, Dommermuth said
Assessment
1&1 wants to add 2,000 antenna sites at the end of 2024, hence addition of 350 antenna sites at the end of Q1 will be below the 500 quarterly average. But maybe they plan to scale up in the coming quarters. This just tells us that we have to remain cautious on its antenna sites plans.