1&1:Quarterly Results/2024 Q3: Difference between revisions

* Huhn said they expect to compensate partners for damages out of the network outage (min 7:00).  "We still believe in compensation for the damages that we have out of the network outage. And the biggest damage out of the network outage is that we had to reduce the migrations. That's something that we are currently in dialogue and in negotiations with our partners to find a solution for this compensation," Huhnn said (min 36:00).

* Huhn said he cannot disclose the amount of compensation due to the partners as a result of the network outage at the moment since they are in dialogue with the partners (min 38:30).

* '''Huhn agreed with an analyst Usman Ghazi of Berenberg who asked whether the compensation relates to a supplier wanting to make 1&1 pay for the deficit in the planned migrations. "Your understanding is correct. We are talking about the damage in 2024. And of course the delay in migrations will also have an impact in 2025. And this is also part of our negotiations. So the gap will be going to be smaller and smaller compared with our initial plan. But from this point back to the period where we had to decide to reduce the migrations, there is a gap and damage on our side, and that's something that we are discussing with our partners," he said (min 44:00).'''

* Huhn said the possibility of compensation to the partners is bigger than 50% otherwise they won't have taken it into account in their guidance (min 47:21).