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1&1:Quarterly Results/2024 Q1: Difference between revisions
→Earnings Call Summary
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* They said they will continue with the mobile network rollout even if they didn't get the frequency. | * They said they will continue with the mobile network rollout even if they didn't get the frequency. | ||
* 1&1 views the 200-300k customer net additions in 2024 as realistic. | * 1&1 views the 200-300k customer net additions in 2024 as realistic. | ||
* '''If they don't get the low-band frequency, they will use the national roaming to ensure good indoor coverage, hence they will experience lower traffic which will impact the financial performance.''' | * '''If they don't get the low-band frequency, they will use the national roaming to ensure good indoor coverage, hence they will experience lower traffic which will impact the financial performance.''' ''"Then we will have to use national roaming to have a good indoor coverage which means that we would have lower traffic coverage and it would have an impact on the financials of the case but it is not a scenario for us to stop the rollout of the network because we have obligations out of the auction of 2019…" min 22'' | ||
* They believe there will be a way that will enable them to have access to the low-band spectrum. | * They believe there will be a way that will enable them to have access to the low-band spectrum. | ||
* They said spectrum leasing could be an option but no discussion with any operator regarding it at the moment. | * They said spectrum leasing could be an option but no discussion with any operator regarding it at the moment. | ||
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* The worst case scenario is an extension without obligation for other operators to provide access to them. | * The worst case scenario is an extension without obligation for other operators to provide access to them. | ||
* '''They acknowledged the leaked BnetzA internal letter and said it mirrors their worst case scenario.''' | * '''They acknowledged the leaked BnetzA internal letter and said it mirrors their worst case scenario.''' | ||
''<nowiki>''</nowiki>There was last week a yellow press sort on the internet indicating a leaked agenda of the future meetings with the BnetzA and a lot of stuff have interpretation that also mirrors worst case scenario for our case. We are eager to experience what the BnetzA may deliver publicly but we are discussing only worst case scenarios in this situation." (min 1:04)'' | |||
''" The worst case scenario means there is an extension for the existing operators for free without an obligation giving us access to low-band," min 51'' | |||
=== Migration === | === Migration === | ||
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=== Core business === | === Core business === | ||
* Customer additions was impacted by the migration but they can't quantify it. | * Customer additions was impacted by the migration (but they can't quantify it) and discounts offered by competitors . ''“The net ads in the first quarter of 2024 has been influenced by the start of the migration of customers into our own network as well as more aggressive sales offers in the first quarter in the discount market.” min 1'' | ||
* They have seen aggressive offers but no reduction in pricing by competitors eg Deutsche Telecom and FreeNet. | * They have seen aggressive offers but no reduction in pricing by competitors eg Deutsche Telecom and FreeNet. | ||