freenet shareholders give green light to mobilcom merger

26 Aug 2005

The shareholders of German ISP and fixed line operator freenet.de have approved its planned merger with MVNO mobilcom after a 99% vote in favour of the deal yesterday. At the start of next month mobilcom and freenet will be merged into Telunico Holding, which will later be renamed mobilcom-freenet. freenet shareholders will receive 1.5 Telunico shares for one freenet share and mobilcom shareholders will receive one Telunico share for one of their existing shares.

Germany, freenet, mobilcom