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Mobilezone Concludes Divestment of German Business to Freenet

MT Newswires·12/29/2025 23:43:15
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11:43 PM EST, 12/29/2025 (MT Newswires) -- Mobilezone (MOZN.SW) finalized the sale of its mobilezone Deutschland business in Germany to Freenet (FNTN.F), focusing solely on its Swiss operations. The telecommunications company will use the sale proceeds to support inorganic growth in Switzerland and reduce its short-term debt, according to a Monday release. The transaction secured the German competition authority's approval on Nov. 5.