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Home > Company Index > Telecommunications > Diversified Telecom Service Providers > MobilCom Aktiengesellschaft

MobilCom Aktiengesellschaft
 NEWS FROM THE STANDARD
Bertelsmann Content With New 3G Strategy
May 08 2001 11:57 AM PDT

U.K. Government Denies It Will Bail Out 3G Telcos
Apr 23 2001 12:01 PM PDT

 PROFILE
Upstart MobilCom is emerging as a rival to German telecommunications giant Deutsche Telekom. In Europe's largest telecom market, MobilCom provides cellular phone services to more than 4 million subscribers and long-distance service to more than 890,000 customers following its purchase of rivals TelePassport and D Plus. MobilCom operates its own fiber-optic network and owns 78% of free ISP Freenet.de. The company has teamed up with France Telecom, which has a 29% stake in MobilCom, to acquire one of Germany's third-generation wireless licenses. Founder and CEO Gerhard Schmid is MobilCom's largest shareholder with about 40%.

 COMPETITION
British Telecommunications plc (BTY)
Deutsche Telekom AG (DT)
Vodafone Group PLC (VOD)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,217.40
1-Yr. Sales Growth: 61.8%
Employees: 4,590
Revenue per employee: $483,093.68

 KEY PEOPLE
• Gerhard Schmid
    CEO
• Thorsten Grenz
    CFO

 CONTACT INFO
Hollerstrasse 126
24753 Rendsburg-Budelsdorf, Germany
Phone: 49-43-31-69-11-75
Fax: 49-43-31-69-28-88
Online: Web Site

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