Welcome to 11 AG's Investor Relations
About 11 AG
11 AG, formerly known as Drillisch AG, is a German telecommunications holding company. The company provides a range of telecommunications services, including mobile, fixed line, and broadband internet.
Company Profile
11 AG is headquartered in Maintal, Germany. The company has been in operation since 1995 and is one of the leading telecommunications providers in Germany. 11 AG has a market capitalization of over €10 billion and employs over 10,000 people.
Business Summary
11 AG's business is divided into three segments: mobile, fixed line, and broadband internet. The mobile segment is the company's largest segment, accounting for over 70% of revenue. 11 AG offers a range of mobile services, including voice, data, and messaging. The fixed line segment provides traditional landline telephone services. The broadband internet segment provides high-speed internet access to homes and businesses.
Shareholders
11 AG's major shareholders include Drillisch AG (51%), Warburg Pincus (25%), and Apax Partners (24%).
Managers
11 AG's management team is led by CEO Ralph Dommermuth. Dommermuth has been with the company since 2002 and has held various leadership positions.
Financial Ratings
11 AG has a credit rating of BBB+ from Standard & Poor's and Baa1 from Moody's. The company's financial performance has been strong in recent years, with revenue and earnings growing steadily.
Industry Sector
11 AG operates in the telecommunications sector. The telecommunications sector is a global industry that is undergoing rapid change. The rise of mobile technology and the internet has led to a convergence of the telecommunications and media industries.
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