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1&1 Drillisch cuts EBITDA forecast on Telefonica network prices, considers damages claim

2020-09-21 10:36:00| Telecompaper Headlines

(Telecompaper) Germany's 1&1 Drillisch said it has revised its EBITDA forecast for 2020 downwards to approximately EUR 600 million from EUR 683.5 million, due to a price increase under its MBA MVNO agreement with Telefonica. The MBA MVNO agreement is a remedy by the EU Commission relating to the merger of E-Plus with Telefonica. Prices for voice services per minute and data prices per gigabyte from July 2020 and for the following years are higher, according to Drillisch, and Telefonica is applying them without taking into account the agreement in their negotiations. [ more ]

Tags: network prices claim damages

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