mobilezone sells its Austrian subsidiary

22.12.2020

PRESS RELEASE

Rotkreuz, 22 December 2020

mobilezone sells its Austrian subsidiary

The mobilezone Group has sold its Austrian smartphone repair service subsidiary as of today.

As part of its continuing efforts to focus on its core strategy and business activities in Switzerland and Germany, mobilezone today sold its Austrian repair business to an investor from the industrial sector. Agreement was reached to keep the purchase price confidential.

 

 

Media contact

Markus Bernhard

Chief Executive Officer

mobilezone holding ag

mobilezoneholding@mobilezone.ch

About mobilezone

Founded in 1999, mobilezone holding ag (SIX ticker symbol: MOZN) is the leading independent telecommunications specialist in Switzerland and Germany, with revenue of CHF 1,324 million and net profit of CHF 44.4 million in the reporting year 2019.

The mobilezone Group has around 1,300 employees in Rotkreuz, Urnäsch, Zweidlen, Härkingen, Vienna, Obertshausen, Berlin, Cologne, Bochum and Münster. The Group's offering comprises a complete range of mobile phones and rate plans for mobile and fixed-line telephony, digital TV and internet from all providers. Independent advice and services for private and business clients, repair services, wholesale activities and supply to retailers complete the offering. The services and products are offered online via various web portals, in 120 company-owned shops in Switzerland and at about 80 Ashop locations in Germany (partner shops).

www.mobilezoneholding.ch/en