DGAP-News: Telefónica Deutschland AG (O2)

Munich, 31 August 2018

Telefónica Deutschland announces O₂ Free portfolio update

Today Telefónica Deutschland announces the update of its O₂ Free tariff portfolio from 6 September 2017. The new tariff plans for the premium customer segment present the evolution of the company's successful data monetisation strategy and place a clear focus on stimulating data growth in the German mobile market.

The portfolio will consist of the following tariffs:

- O₂ Free S: Unlimited voice, SMS and 1 GB of high-speed LTE data for EUR 19.99 per month

- O₂ Free M: Unlimited voice, SMS and 10 GB of high-speed LTE data for EUR 29.99 per month

- O₂ Free L: Unlimited voice, SMS and 20 GB of high-speed LTE data for EUR 39.99 per month

- O₂ Free XL: Unlimited voice, SMS and 25 GB of high-speed LTE data for EUR 49.99 per month

O₂ Free customers will continue to benefit from a 3G flat at 1 Mbps once the included high speed data volume has been consumed.

After the launch of O₂ Free last year, this portfolio update is the next logical step in an increasingly digital world. Mobile data consumption is rising quickly. In the second quarter of 2017, O₂ postpaid LTE customers on average consumed 48% more data than just a year ago. Furthermore, the O₂ 15-year anniversary promotions were well received by new and existing customers, enabling them to use significantly more high-speed data. O₂ Free 15 customers now already use over 4 GB per month, driven by music and video streaming.

The new O₂ Free pricing portfolio puts an end to compromises in digital life. With the clear focus on larger data packages, Telefónica Deutschland is setting a new standard for mobile freedom.

For further details please refer to our website https://www.telefonica.de/investor-relations-en.html

More information:

Telefónica Deutschland Holding AG
Investor Relations
Georg-Brauchle-Ring 23-25
D-80992 München

T +49 (0)89 2442-1010
F +49 (0)89 2442-2000
E ir-deutschland@telefonica.com