United Internet AG Receives Buy Rating from UBS: Essential Investment Insights

Tuesday, Nov 26, 2024 3:04 am ET1min read

United Internet AG is a Germany-based company with operations divided into four segments: Consumer Access, Business Access, Consumer Applications, and Business Applications. The company offers fixed-line broadband and mobile internet services, email and task management services, cloud solutions, and web hosting solutions through its various brands including 1&1, GMX, and IONOS. With a diverse portfolio of international brands, United Internet AG has a global reach. Employees number around 10,968.

United Internet AG, founded in 1998 and headquartered in Montabaur, Germany, is a prominent player in the global digital landscape. The company operates under two primary business divisions, "Access" and "Applications," which are further segmented into "Consumer Access," "Busconsumer Applications," "Business Access," and "Business Applications" [1].

The "Access" division offers fixed-line and mobile internet access products to consumers and businesses. United Internet AG's access products cater to diverse customer segments, with premium offerings marketed under the 1&1 brand and discount options available through yourfone and smartmobil.de. Business clients are served by 1&1 Versatel.

United Internet AG's "Applications" segment includes consumer and business applications. The company markets its consumer applications through GMX, mail.com, and WEB.DE, while business applications are offered via IONOS, STRATO, Arsys, Fasthosts, home.pl, InterNetX, united-domains, and World4You. Sedo provides professional services in active domain management, and we22 offers a white-label website builder to hosting suppliers.

While United Internet AG operates exclusively in Germany in the "Access" division, it is a leading global player in the "Business Applications" segment. The company targets major European economies, including Germany, France, the UK, Italy, the Netherlands, Austria, Poland, Switzerland, and Spain, as well as North American countries like Canada, Mexico, and the USA [1].

United Internet AG's history spans over three decades. Originally founded as a marketing partner in 1988, the company has evolved into a leading European internet specialist with around 28 million fee-based customer accounts and over 40 million ad-financed free accounts worldwide [1]. The company's success is evident in its recent milestones, such as the successful IPO of IONOS on the Frankfurt Stock Exchange in 2023 and the conclusion of a long-term exclusive national roaming partnership with Vodafone for 1&1 MOBILE NETWORK [1].

References:
[1] United Internet AG. (2023). Company. Retrieved from https://www.united-internet.de/en/company.html

Comments



Add a public comment...
No comments

No comments yet