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United Kingdom

United Internet AG (UTDI.DE)

UTDI.DE on Xetra

28.58EUR
16 Aug 2019
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€28.58
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Thu, Aug 15 2019

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Drillisch shares slump as earnings guidance trimmed, 5G costs loom

FRANKFURT Shares in telecoms firm 1&1 Drillisch and its parent United Internet slumped to six-year lows on Thursday after they trimmed profit guidance due to initial 5G network costs and higher line connection charges.

Drillisch, United Internet, trim guidance as 5G challenge looms

FRANKFURT, Aug 14 German telecoms firm 1&1 Drillisch and its parent company United Internet slightly trimmed their profit guidance on Wednesday to account for regulatory effects and the initial costs of a planned 5G network.

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