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United Internet: The situation remains confusing

The legal dispute between 1 & 1 Drillisch and United Internet on the one hand and Telefonica Deutschland on the other hand continues. It is about a cost sharing, at the end of 2018 Telefonica Deutschland introduced a price increase. From the point of view of an expert, this was unjustified. The price increase does not result in a payment obligation for 1 & 1 Drillisch as a contractual partner.

From 2021, however, Telefonica Deutschland can, according to the report, request a review of the cost contributions. The group wants to check the report and then comment.

According to the current state of affairs, the advantages lie with United Internet and 1 & 1 Drillisch. However, the overall situation remains confusing.

The DZ Bank analysts want to check their assumptions about the three companies. You are currently making a holding recommendation for all three companies. The price target for 1 & 1 Drillisch is 19.00 euros, the price target for United Internet is 31.00 euros. At Telefonica Deutschland, the experts calculate a target price of 2.50 euros.

The shares of 1 & 1 are quoted at noon at 20.32 euros, which is a minus of 0.8 percent. United Internet recorded a minus of 0.3 percent to 33.54 euros. Telefonica Deutschland is currently at 2.222 euros, a loss of 1.4 percent.

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