About Freenet
Freenet is a company based in Budelsdorf (Germany) founded in 1999.. The company has 3,200 employees as of December 31, 2024. Freenet has completed 3 acquisitions, including Debitel, Jesta Digital and Jesta Group. Freenet offers products and services including Mobile Subscriptions and Digital Products.
- Headquarter Budelsdorf, Germany
- Employees 3200 as on 31 Dec, 2024
- Stage Public
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Email
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Phone
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Website
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Social
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- Legal Name Freenet Ag
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Annual Revenue
$2.58 B (USD)3.87as on Dec 31, 2024
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Net Profit
$256.4 M (USD)56.6as on Dec 31, 2024
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EBITDA
$509.27 M (USD)3.72as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
3200
as on Dec 31, 2024
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Investments & Acquisitions
Debitel
& 2 more
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IPO & Listings of Freenet
Freenet is a publicly listed company on the XETR with ticker symbol FNTN in Germany, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Freenet
Freenet offers a comprehensive portfolio of products and services, including Mobile Subscriptions and Digital Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile subscriptions are provided by freenet AG to enable digital lifestyles and customer-focused communications.
Digital products such as smart devices and platforms are offered by freenet AG to support need-oriented and accessible services.
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Funding Insights of Freenet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Freenet
Freenet has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Debitel, Jesta Digital and Jesta Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information available
|
2005 | ||||
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Real estate brokerage services are provided by Jesta in Canada.
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1992 | ||||
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Telecommunications services are offered by Debitel in Germany.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Freenet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Freenet Comparisons
Competitors of Freenet
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Freenet
Frequently Asked Questions about Freenet
When was Freenet founded?
Freenet was founded in 1999.
Where is Freenet located?
Freenet is headquartered in Budelsdorf, Germany. It is registered at Budelsdorf, Schleswig-holstein, Germany.
How many employees does Freenet have?
As of Dec 31, 2024, the latest employee count at Freenet is 3,200.
What is the annual revenue of Freenet?
Annual revenue of Freenet is $2.58B as on Dec 31, 2024.
What does Freenet do?
Freenet was founded in 1999 and is headquartered in Budelsdorf, Germany. Operations are conducted through a group of companies in the telecommunications sector, encompassing internet access, energy supply, and television services. These activities are managed across Germany, with a focus on integrated offerings for consumers and businesses. The companys online presence is maintained via freenet-group.de, supporting its core functions in these industries.
What products or services does Freenet offer?
Freenet offers Mobile Subscriptions and Digital Products.
Is Freenet publicly traded?
Yes, Freenet is publicly traded on XETR under the ticker symbol FNTN.
How many acquisitions has Freenet made?
Freenet has made 3 acquisitions, including Debitel, Jesta Digital, and Jesta Group.
What is Freenet's ticker symbol?
The ticker symbol of Freenet is FNTN on XETR.