Q1 2022 1&1 AG Earnings Call Transcript

May 12, 2022 / 08:00AM GMT
Oliver Keil - 1&1 AG - Head of IR

Good morning, everyone, and welcome to our Q1 2022 conference call. During this conference call, our CFO, Markus Huhn, will first go through the highlights of the first quarter '22 and then walk through our financial numbers and presenting the latest update for the build and the rollout of our 1&1 mobile network. After that, as always, we have time for the Q&A.

With that, I hand over to Markus. Markus?

Markus Huhn - 1&1 AG - CFO & Member of Management Board

Thank you, Oliver. Yes, good morning. This is Markus speaking. Yes, a warm welcome to all participants in the call from my side as well. I would like to give you an overview to the performance of Q1 and the financial results. Please let us step into the presentation with Slide #4, the customer base. We have increased our customer base with 60,000 new contracts in the first quarter, plus 90,000 mobile contracts and a decrease of minus 30,000 broadband lines. These numbers are reflecting that what we have already mentioned during our last call in

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