United Internet stock deepens its 1&1 commitment

Published on 10/07/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Internet stock is tied more closely to 1&1 after a EUR 850,237,942.45 debt swap announced on October 5, 2026. Second-quarter EPS rose to EUR 0.38 from EUR 0.29.

Isometrisches 3D-Diagramm der Wertschöpfungskette von Rechenzentrum bis Haus — United Internet AG DE0005089031 visualisiert isometrische 3D-Wertschöpfungskette von Rechenzentrum über Funkmasten bis Endgeräte, Illustration mit AI erstellt.

United Internet stock was last at EUR 24.10 on Xetra on October 7, 2026, down 0.58 percent at 1:39 p.m. CEST. The company is deepening its commitment to 1&1 through a debt-for-equity transaction that changes the group’s exposure to its mobile subsidiary.

United Internet expands its 1&1 stake

According to United Internet on October 5, 2026, the company will contribute a loan receivable of EUR 850,237,942.45 from 1&1 Versatel GmbH to 1&1 AG. In return, it will receive 35,352,929 new 1&1 shares at a calculated issue price of EUR 24.05 per share.

The capital increase represents 20 percent of 1&1’s existing share capital and lifts United Internet’s stake from 87.19 percent to 89.32 percent. The contribution does not require an additional cash outflow, while the internal financing structure becomes simpler.

Balance sheet shift matters more

The transaction converts an intra-group receivable into a larger equity position. That means the immediate effect is not a new cash investment, but a greater link between United Internet’s value and 1&1’s ability to expand its network and improve operating performance.

United Internet’s latest reported quarter provides a mixed operating backdrop. finanzen.net reported that second-quarter 2026 revenue reached EUR 1.54 billion, down 4.18 percent from EUR 1.61 billion in the prior-year quarter. Adjusted? The reported earnings per share rose to EUR 0.38 from EUR 0.29.

Q3 results set the next checkpoint

The earnings mix gives investors two opposing signals: revenue contracted year over year, while quarterly EPS increased by EUR 0.09. The new 1&1 shares add strategic influence, but they also make execution at the mobile subsidiary more important for the parent company’s investment case.

finanzen.net lists November 12, 2026 as the date for United Internet’s third-quarter 2026 results. That report will show whether the stronger earnings trend can offset the pressure visible in second-quarter revenue.

United Internet stock stays below its yearly high

United Internet stock was last at EUR 24.10 on Xetra on October 7, 2026, 20.25 percent below its 52-week high of EUR 30.22 and above the 52-week low of EUR 22.24. The session volume was 10,362 shares and market capitalization was EUR 4.2 billion.