United Internet announces strong first quarter

9 May 2008

United Internet has posted a year-on-year 19.3% increase in revenue for the first quarter of 2008 to EUR402 million (USD618 million) on the back of increased subscriber numbers. EBITDA grew 31.2% to EUR83.2 million while net income soared 46% to EUR45.1 million. DSL subscribers reached 2.9 million, up from 2.4 million twelve months previously. The company is currently seeking a court injunction to block rival operator Freenet’s purchase of Debitel.

Germany, United Internet (1&1)