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General

KPN headed for a break-up

Friday 22 June 2012 | 13:44 CET | Author: Tim Poulus | Market Commentary
KPN has issued a 'position statement' on America Movil's partial bid for the Dutch operator. The statement outlines in detail how KPN's management, at the highest levels, has dealt with the bid, while the company's strategy, first presented in May 2011, is also given another airing. KPN's management has rejected the bid as too low. While it was unable to conclude a deal on selling E-Plus Germany, it will now start the sale process for Base in Belgium.

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Categories: General
Companies: A1 Telekom Austria / America Movil / BT / CIF / E-Plus / KPN / Ortel / Reggefiber / TDC Mobil / Telenet / Telia
Countries: Europe / Netherlands
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