1&1

1&1 is issuing nearly 35.4 million new shares, which majority shareholder United Internet fully subscribes to. At the same time, loan claims with a nominal value of €850.2 million against 1&1 Versatel are being transferred to the 1&1 group, raising United Internet’s holding from about 87.19% to around 89.32%. The transaction is intended to strengthen the capital structure and simplify the group’s intragroup financing; shares of both companies react slightly positively. » More on finanzen.net

1&1 is ending mobile working in the company unit with a works council in Montabaur as of next year. Around 700 employees are affected; the exception was removed, the company says, because there was no agreement on recording working time in the home office and because of the statutory obligation to record hours. Sites such as Karlsruhe and Zweibrücken remain unaffected; the situation is unclear for a mid‑double‑digit number of employees who are contractually fully mobile. » More on t-online.de

1&1 Telecommunication is removing mobile workdays for the company division in Montabaur where employees have elected a works council. The rule affects nearly 700 staff and comes into effect next year; sites such as Karlsruhe and Zweibrücken are not affected. It is unclear how a mid‑double‑digit number of employees who have contractual guarantees of 100% remote work will be handled. The works council in the Montabaur subunit was elected on December 14, 2023. » More on golem.de