„Despite the ongoing negotiations, Telefónica yesterday sent 1&1 Drillisch MBA MVNO for wholesale prices for July and August 2020 with the wholesale prices deemed applicable by Telefónica, without making it a contract during negotiations,“ the statement said. German telecom operator 1&1 Drillisch said it has cut its 2020 EBITDA forecast from around €683.5 million ($806 million) to around €600 million due to the increased cost of the network access contract with Telefonica Deutschland. According to 1&1 Drillisch, the price increase from 1 July 2020, after the end of the first phase of the Bitstream Access (MBA) mobile MVNO contract and the future cessation of annual price degressivity, will lead to a significant increase in annual costs, in particular due to the expected annual growth in data. Last year, 1&1 Drillisch bought frequencies in the country`s 5G auction and is in the process of setting up its own network infrastructure, backed by its wholesale deal. However, delays have decreased due to covid-19 related issues. 1&1 Drillisch also announced an agreement signed at the end of 2019 with O2, which would involve the rental of additional 5G-enabled frequencies to cover the period up to January 2026, when the 2.6 GHz spectrum acquired as part of the German auction in 2019 will go live. . . .