Q2 2025 United Internet Earnings

Q2 2025 United Internet Earnings Call Summary

1&1 Versatel is available in 350 cities in Germany including 25 largest.
Over 28,000 buildings are connected to fiber optic (+287.3%).
Fiber optic spans 67,000 km.
Dommermuth said they are having a decline in voice business where earlier customers paid per minute for voice and they don't accept this anymore. That's why non-recurrent revenue is declining while recurrent revenue is growing.
They will see a decline in non-recurring revenue over a couple of years.
Dommermuth said over the next few years, non-recurring revenue at 1&1 Versatel will start to grow (after hitting the bottom) (Q&A).
Dommermuth said they completely overhauled the 1&1 fiber optic network and now it's better than that of Telefonica and Deutsche Telecom (Q&A).
Dommermuth said overhauling the network costed them a lot of money (Q&A).
Dommermuth said 1&1 Versatel is the only company that is costing them money and that will end over the next couple of years (Q&A). He said next year it will breakeven.

Dommermuth said the typical ARPU for a free user is €0.25-€0.30 while that of a paid user is around €3.03 (Q&A).

Dommermuth said hey paid an upfront cost of EUR 1 billion over four years and they have the benefit that they don't pay it over the next six years (Q&A).

Dommermuth said they don't plan to sell any of the business or sell shares of IONOS or 1&1 (Q&A)-min 24:35.