Freenet AG (FRTAF.PK, FRAGF.PK), a German telecommunications and web content provider, reported that its preliminary EBITDA for the financial year 2024 increased 3.5% to 521.5 million euros from the prior year's 503.9 million euros, positively impacted by a one-off effect from the sale of IP addresses amounting to 18.4 million euros.
Annual revenues grew 3.9% to 2.478 billion euros from the prior year's 2.385 billion euros. This growth was primarily attributed to the rise in waipu.tvsubscribers, which saw a significant increase of 571 thousand.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.