India, March 4 -- 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.
The company noted that the key figures referred exclusively to the continuing operations. The business activities of Gravis were completely discontinued at the end of June 2024. Th...