United Internet Grows: Ionos Dynamic, 1&1 Restrained (heise.de)
0xBASE INTEL BRIEF
- Ionos grows dynamically, 1&1 remains restrained
- High network expansion costs weigh on 1&1
- United Internet confirms full-year forecast
"United Internet reports overall growth, driven by its cloud subsidiary Ionos which started the new fiscal year dynamically. Sister company 1&1 is burdened by high network expansion costs and stagnant customer numbers. The group benefits from the strong cloud business while the mobile communications segment remains challenging."
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