The Financial Times Deutschland reports that private equity firm Permira has put a value on Debitel, its German MVNO, of around EUR1.8 billion (USD2.8 billion). The paper did not say where it got the information. The price is equivalent seven times estimated EBITDA for 2008, according to the report. Multi-service operator freenet said last week it was negotiating a purchase of Debitel. Permira paid just EUR640 million in 2004 for Debitel, which resells the services of all four wireless network operators, T-Mobile, Vodafone, E-Plus and O2, and claimed an estimated 13.2 million subscribers at the end of 2007.