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Telefonica Considering Closer Ties With 1&1, Including Potential Takeover, Handelsblatt Says, Citing Sources

Provided by Dow Jones Oct 20, 2025, 12:01:00 PM

-- Spanish telecommunications group Telefonica is considering strengthening its cooperation with Germany's United Internet, German newspaper Handelsblatt said, citing unnamed sources.

-- Both companies are discussing strengthening the partnership between Telefonica Deutschland and 1&1, the mobile and fixed-line subsidiary of United Internet, according to Handelsblatt.

-- In Madrid, a takeover is also being considered in the long-term, with talks still in early stages, Handelsblatt said.

-- United Internet declined to comment to Handelsblatt.

Full story (in German): https://shorturl.at/hOsai

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

October 20, 2025 08:01 ET (12:01 GMT)

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