Freenet AG Extends Sales Partnership With Media-Saturn Deutschland

Freenet AG (FRAGF.PK), a German telecom firm, said on Tuesday that it has prematurely extended the existing sales partnership with Media-Saturn Deutschland GmbH until 2027, to boost its sales expertise as a significant addition to its own omnichannel activities.

According to the established sales cooperation, Freenet offers its own tariffs in all mobile networks, the original tariffs of the network operators Telekom and Vodafone as well as its own mobile products and services in all Media and Saturn stores as well as the online channels nationwide in Germany.

Christoph Vilanek, CEO of Freenet AG said: "With this agreement, we are continuing our more than 30 years of very successful cooperation with MediaMarktSaturn under the umbrella of CECONOMY AG and expanding our joint success story, particularly in omnichannel marketing."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walt Disney's streaming service Disney+ is rolling out its much-anticipated new ad-supported subscription plan for Disney+ in the U.S. as part of its bid to stem the loss and make its streaming business profitable after the services posted a hefty operating of loss more than $1 billion in the third quarter. It is also raising pricing for its bundled subscription plans with Hulu, ESPN+ and live TV. The U.S. Food and Drug Administration announced the intended availability of base powder to make around 6 million bottles of specialty formula from Mexico as part of its efforts to meet the nationwide supply shortage caused by Abbott Nutrition recall. Reckitt Nutrition/Mead Johnson Nutrition will send an initial shipment of 331 thousand pounds of base powder for PurAmino Hypoallergenic Formula. Shares of Deutsche Telekom AG were gaining more than 1 percent in the morning trading in Germany after the telecom major on Thursday raised its fiscal 2022 earnings outlook again, despite reporting lower profit in its second quarter. Adjusted EBITDA AL, a key earnings metric, increased, while adjusted EBITDA AL margin dropped.
Follow RTT